Trading Halted in Shares of Western Alliance, Latest US Bank in Trouble After PacWest

May 4th 2023 12:16pm EDT

NEW YORK (Sputnik) – Trading in the shares of Western Alliance Bancorporation was halted on Thursday as they plunged 25% in value after the Phoenix-based lender joined Los Angeles-based PacWest in becoming the latest US banking casualties.

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