Regional banks like Pacwest, Western Alliance are getting hammered.
Major banks are trending lower too eg Bank of America, JPMorgan, Goldman
Market got spooked by First Republic’s failure? Just wondering, when Fed maintains the interest at such high rate for a prolonged period of time, will we see more collapses in regional banks?
Food for thought.
$Bank of America (BAC.US)$ $First Republic Bank (FRC.US)$ $Morgan Stanley (MS.US)$ $JPMorgan (JPM.US)$ $Goldman Sachs (GS.US)$ $Wells Fargo & Co (WFC.US)$ $Citigroup (C.US)$ $Silvergate Capital (SI.US)$ $Spdr S&P Bank Etf (KBE.US)$ $Financial Select Sector SPDR Fund (XLF.US)$ $USD (USDindex.FX)$ $iShares 20+ Year Treasury Bond ETF (TLT.US)$ $U.S. 10-Year Treasury Notes Yield (US10Y.BD)$ $U.S. 2-Year Treasury Notes Yield (US2Y.BD)$ $PacWest Bancorp (PACW.US)$ $Western Alliance Bancorp (WAL.US)$ $PacWest Bancorp (PACW.US)$ $Invesco Kbw Regional Banking Etf (KBWR.US)$ $Spdr Series Trust S&P Regional Bkg Etf (KRE.US)$ $SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$ $Metropolitan Bank (MCB.US)$ $...