Regional-bank stocks sank despite assurances from the Fed that the banking system is on a solid footing. Shares of PacWest Bancorp, hit hard since the collapses of several lenders, dropped by about 50%.

Regional-bank stocks sank despite assurances from the Fed that the banking system is on a solid footing. Shares of PacWest Bancorp, hit hard since the collapses of several lenders, dropped by about 50%. https://ift.tt/B5PWpfy