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Missouri treasurer: State's financial institutions 'stable'

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Missouri Treasurer Vivek Malek on Thursday sought to calm investor worries in the state after high-profile national collapses.

“I was encouraged to be assured that our banks are in a good position," Malek said, noting officials with the St. Louis Federal Reserve told him that “Missouri’s financial institutions are in a stable position.”

His comments echo those made earlier by the Missouri Bankers Association.

Read more from the Missouri Independent.

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