Some investors are still worried about the health of regional banks as another week of turbulence sent shares of many of the companies tumbling before a rally Friday.
In a week that included
another interest-rate hike by the Federal Reserve and a rescue of First Republic by JPMorgan Chase, the KBW Regional Banking Index, which tracks regional banks in the U.S., was down 28% this year, through Friday.
What’s News
Source: https://www.wsj.com/articles/the-regional-bank-selloff-visualized-f9a41dd3?siteid=yhoof2&yptr=yahoo