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The banks that the market has deemed "at-risk" "Trading in Pacific West, Western Alliance, and First Republic were stopped due to volatility after they all ini
by flerchin 4y ago
The banks that the market has deemed "at-risk"
"Trading in Pacific West, Western Alliance, and First Republic were stopped due to volatility after they all initially fell 40 to 50 percent. Trading was also briefly stopped in Signature Bank after its shares fell nearly 30 percent. Several of those banks sought to reassure the market by putting out statements highlighting their differences from SVB in terms of asset and depositor base."
https://arstechnica.com/tech-policy/2023/03/silicon-valley-bank-shut-down-by-us-banking-regulators/ https://arstechnica.com/tech-policy/2023/03/silicon-valley-b...