Regional bank stocks remained under pressure Monday, helping to reinforce calls for policymakers to take steps that will reassure the public and stabilize investor and depositor confidence in the sector.
Midsized banks that have been hardest hit by stock-market investors in the wake of JPMorgan’s takeover of First Republic, including PacWest Bancorp PACW and Western Alliance Bancorp WAL, were posting modest gains, and the KBW Regional Banking index XX:KRX was down more than 1.5% Monday afternoon compared with a 0.1% gain…
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