, PacWest, and Charles Schwab plummeted on Monday as shareholders braced themselves for another 1980s-style banking crisis.
Meanwhile KRE, a regional bank ETF, has plunged 23% over the past 50 trading days, which is 2 standard deviations below its long-run average.
It was last night, now it’s over Great timing
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: