Bank shares lead global market fall amid jitters over US private credit

The Guardian•Friday, October 17, 2025 at 4:24:22 PM

Recent signs of credit stress have caused a significant decline in global markets, particularly in Europe and Asia. The FTSE 100 dropped by 0.9% as investors reacted to alarming news from two US regional banks regarding exposure to bad loans and potential fraud. This uncertainty has led many to seek refuge in safe-haven assets like gold, which has reached a record high. The situation highlights the fragility of the financial system and the potential ripple effects on global economies, making it a crucial moment for investors to monitor.

— Curated by the World Pulse Now AI Editorial System

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