Regional Bank stocks are crashing after hours as PacWest, $P...

JPMorgan to acquire most of the First Republic after frantic weekend rescue

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DavidBeeby joined discussion · May 4, 2023 17:22

Regional Bank stocks are crashing after hours as PacWest, $PacWest Bancorp (PACW.US)$ , says they are looking for a buyer.
- PacWest, $PACW, now down 57%
- Western Alliance Bank, $Western Alliance Bancorp (WAL.US)$ , now down 30%
- Metropolitan Bank, $Metropolitan Bank (MCB.US)$ , now down 20%
the Fed said the "system is strong."

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