Wall Street rattled by selloff, trading halts at two small banks.

on May 03, 2023 07:16:AM

On the eve of the Federal Reserve decision, multiple volatility halts in PacWest Bancorp and Western Alliance Bancorp were seen as disturbing. Both shares were down at least 15% in Tuesday trading. Just a day after Wall Street breathed a sigh of relief with the rescue of First Republic Bank, a tumble in US regional […]

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