Regional banks rebounded after heavy losses yesterday due to the seizure of Silicon Valley Bank and Signature Bank by state regulators.
First Republic Bank rose 50% and Western Alliance jumped 33% after both suffered significant drops.
Other lenders, including Comerica, Fifth-Third Bank, Huntington Bank, Key Bank, and Zions Bank, also recovered some ground after experiencing double-digit declines.
More News: US Officials Weigh Protecting All Deposits at Silicon Valley Bank
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