PacWest falls 30% as regional banks stocks slide to new lows

  • 📰 CNBC
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Regional bank stocks saw their losses for the week deepen as investors digest the failure of First Republic.

The steep declines deepened losses in the sector from Monday. Over the weekend, regulators seized troubled regional bank First Republic andFirst Republic is the third failure of a large regional bank this year, following Silicon Valley Bank and Signature Bank in March.

First Republic reported a decline in deposits of about 40% during the first quarter, raising questions about how the bank could survive on its own. The recent bank failures and expected regulatory changes in response to them have also raised questions about the long-term profit outlooks for mid-sized regional banks.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 12. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama