First Republic collapse sparks sector-wide regional bank shares sell-off

First Republic collapse sparks sector-wide regional bank shares sell-off

Shares of regional lenders fell in morning trading on Monday following the collapse of First Republic Bank, the third major casualty of the biggest crisis to hit the U.S. banking sector since 2008. The KBW Regional Banking Index was down nearly 1%. Among individual movers, Citizens Financial Group, PNC Financial Services Group, Truist Financial Corp … Read more