PacWest Bank's Stock Plummets Over 50% Amid Collapse Speculations and Strategic Options Consideration

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Source: CNN
PacWest Bank's Stock Plummets Over 50% Amid Collapse Speculations and Strategic Options Consideration
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TL;DR

Shares of PacWest Bank fell more than 50% after a report suggested it could be the next regional bank to collapse. This comes a day after JPMorgan acquired First Republic, causing a plunge in regional bank shares.

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