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shares ended up more than 50% after it confirmed it was exploring strategic options including a possible sale. but pac west isn t alone, and shares of other mid size and small banks are also taking hit. our north america business correspondent has more on what is driving this. us regional bank stocks suffered more sizeable losses on thursday despite assurances from the head of america s central bank, saying that the us financial system remains sound. leading the way was pac west, which saw its share price halved yet again, which means since the start of the week, its stock is now worth about a quarter of its value. also trailing we saw first horizon and the western alliance. those stocks under pressure, and the value of those shares falling more than 30%. what is driving some of this is higher interest rates. that has meant that they have had to write down the value of some of their assets that are sensitive to rising interest rates, then you have the fact that there are slig

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