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

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.

York stock exchangeSilicon valley bankSignature bankNew york stock exchangeWestern allianceSan francisco based first republicFederal insurance deposit corporationWestern alliance in troubleS banking system crisisSilicon valley collapse

Sitharaman reviews public sector banks amid volatility in US banking system

This review meet comes amid volatility in the US banking system due to the recent collapse of Silicon Valley Bank and some other banks in contagion.

New delhiRajeev chandrasekharSilicon valley bankUs federal deposit insurance corporationUnion finance minister nirmala sitharamanDeposit insurance corporationFinance ministerPublic sector banksUnion ministerSilicon valley bank ledGift cityFinance minister nirmala sitharamanSilicon valley bankS banking system crisis

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