PacWest has seen its stock crash 25% and is down 70% since March. The Western Alliance Bancorporation is down 17%. Zions Bancorp, with assets of $81 billion, is down 16%.
Bank of America has fallen by 4%. Wells Fargo is down 4.5%, Barclays in UK is down 3% and even JP Morgan has seen red by 1.5% with the KBW Regional Banking Index down 6%.
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- Source: https://www.trustnodes.com/2023/05/02/bank-stocks-dive
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