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PacWest’s Plunge Reignites Fears About America’s Regional Banks

The regional lender said it is weighing its options, after its shares fell despite assertions by the Federal Reserve that the recent bank crisis is contained.

Andrew Ross Sorkin
Author: Andrew Ross Sorkin

Written by

Andrew Ross Sorkin

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Comerica Inc, Dimon, James, El-Erian, Mohamed A, European Central Bank, Facebook Inc, First Republic Bank, Goldman Sachs Group Inc, Harris, Kamala D, Hoffman, Reid Garrett, HSBC Holdings PLC., Instagram Inc, internal-storyline-no, JPMorgan Chase & Company, Khan, Lina, Markey, Edward J, Meta Platforms Inc, Microsoft Corp, Ping An Insurance Co, Powell, Jerome H, Regulation and Deregulation of Industry, Silicon Valley Bank, United Automobile Workers
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