Investor panic hits US bank stocks ...News

Russia Today - News
Investor panic hits US bank stocks
Mid-sized lenders have shed market value, fueling concerns over the health of the financial system   Shares of several regional lenders plunged on Tuesday after the collapse of First Republic Bank, the third major casualty of the biggest crisis to hit the banking sector in the US since 2008. Los Angeles-based PacWest Bancorp, which has $41.2 billion in assets, and Arizona-based Western Alliance Bancorp, which has $68 billion in assets, led the steep selloff. Shares of both lenders were down by at least 15% on Tuesday, triggering investor concerns about the financial health of other mid-sized banks. The pair has s

Hence then, the article about investor panic hits us bank stocks was published today ( ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Investor panic hits US bank stocks )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News
Parade - before 8 hours & 3 minute