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Cryptocurrency Cointelegraph

US regional bank shares sink despite Fed calling banking system ‘sound’

PacWest Bancorp was the hardest hit bank after-hours on May 3, falling over 50% following a reported plan to explore strategic options.

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

US regional bank shares sink despite Fed calling banking system ‘sound’

PacWest Bancorp was the hardest hit bank after-hours on May 3, falling over 50% following a reported plan to explore strategic options.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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