PacWest Bank shares fall 30% as crisis prompts customers to yank deposits

0 minutes, 10 seconds Read

Shares of PacWest Bancorp fell 30% and were halted for volatility Thursday morning after the regional bank reported that customers had recently drawn down about 9.5% of total deposits. 

Article Source: Latest From CNN Read More 

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *