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Banks and FinTechs Navigate Market Mayhem Amid Escalating Tariff Fears

  • The banking and FinTech sectors are navigating the market turmoil caused by escalating tariff fears.
  • FinTech stocks, particularly in the buy-now-pay-later (BNPL) space, faced significant challenges but rallied on Monday.
  • Analysts are cautious about the growth prospects of the FinTech sector due to economic uncertainty and regulatory pressures.
  • Banking stocks have been hit hard, reflecting concerns about the economic impact of tariffs and potential recession risks.

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