PacWest Bancorp Suffers Major Blow As Stock Prices for US Regional Banks Take a Dive
Several regional banks in the United States saw a significant decline in their stock values during after-hours trading on May 4, 2023. PacWest Bancorp, in particular, suffered a 52.5% drop, and this has led the bank to consider some strategic options. According to Bloomberg, PacWest Bancorp is exploring options such ...