Increased scrutiny on tech-forward banks
With recent declines, PacWest, Western Alliance on radar
Tech-forward Silicon Valley Bank collapsed in March, followed two days later by Signature Bank and this week First Republic Bank. Now, all eyes are on financial institutions such as Pacific Western Bank and Western Alliance Bank. PacWest and Western Alliance have each seen sharp declines in the market over the past month, as PacWest’s stock […]
