First Republic Bank has led the sell-off, with its share price nosediving more than 60% Stocks of US regional lenders continued to slide on Monday, as First Republic Bank recorded a massive drop of 61.8%, forcing a brief halt in trading due to volatility. The country’s banking sector has been buffeted by a series of collapses that began last week. The San Francisco-based lender extended last week’s losses of 33%. At the same time, PacWest Bancorp slid 45%, while Western Alliance Bancorp lost more than 47%. Zions Bancorporation declined by about 26%, while KeyCorp shed some 27%. Major financial institutions were al
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