US bank stocks plunge as investors grow uneasy about mounting risks

U.S. bank stocks, including Zions Bancorporation, Jefferies, and Western Alliance, fell sharply on Thursday as investors grew uneasy about risk in the sector, which has
US set to cut capital requirements for banks, FT reports

U.S. authorities are preparing to announce one of the biggest cuts in banks’ capital requirements in over a decade, the Financial Times reported on Thursday.

