Regional banks rebounded after heavy losses yesterday
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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