Shares in PacWest Bancorp (PACW.O) jumped nearly 82% amid a broader rebound in U.S. regional banks on Friday after analysts upgraded a number of lenders they said were oversold, though some investors fretted the surge may be short-lived.
Investor worries about the health of mid-sized lenders deepened in recent days following the collapse of First Republic Bank and PacWest's…
This story from reuters.com was posted on 2023-05-06 by @beewild.