US banks experience volatility and trading halts amid bank failures and presidential assurances

by Aurelia Butler 13 March 2023, 20:20 179 Views

The Wall Street Journal reported early in the morning that trading was halted for First Republic Bank (NYSE:FRC), which led bank losses when its price fell 65% by the time trading was stopped. Trading in PacWest Bancorp, down 25%; Zions Bancorp, down 25%; and Regions Financial (NYSE:RF), down 9%, was also halted.

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US banks experience volatility and trading halts amid bank failures and presidential assurances

Regulators may still try to find a buyer for Silicon Valley Bank, source says

Meta to wind down NFTs on its platforms

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