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Banking turmoil means recession fears are creeping back

March 29 (Reuters) – The failures of U.S. lenders Silicon Valley Bank (SVB) and Signature Bank, followed by Credit Suisse’s rescue, and the ensuing turmoil in world markets have re-ignited the recession risks that appeared to have abated just a few weeks ago.

Reporting by Yoruk Bahceli, Naomi Rovnick, Chiara Elisei, Amanda Cooper, additional reporting by Peter Hobson; Compiled by Yoruk Bahceli; Graphics by Vincent Flasseur; Editing by Dhara Ranasinghe and Andrea Ricci…

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