Regional-bank stocks fell in premarket trades on Thursday after PacWest Bancorp disclosed a 9.5% drop in deposits that took place last week. PacWest stock is...
Regional-bank stocks fell in premarket trades on Thursday after PacWest Bancorp PACW disclosed a 9.5% drop in deposits that took place last week. PacWest stock is leading the group into the red, with a drop of 20%, followed by a 7.2% loss by Western Alliance Bancorp WAL, a 3.7% loss by First Horizon Corp. FHN, a 3.3% drop by Bank of Hawaii Corp. BOH and a loss of 2.9% by Webster Financial Corp. WBS.
... Regional-bank stocks fell in premarket trades on Thursday after PacWest Bancorp PACW disclosed a 9.5% drop in deposits that took place last week. PacWest stock is leading the group into the red, with a drop of 20%, followed by a 7.2% loss by Western Alliance Bancorp WAL , a 3.7% loss by First Horizon Corp. FHN , a 3.3% drop by Bank of Hawaii Corp. BOH and a loss of 2.9% by Webster Financial Corp. WBS .
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