Concerns about the US banking system are rising once again, after Pacific Western Bank and First Horizon Bank both issued updates that rattled investors.Early on Thursday, Los Angeles-based PacWest confirmed it was considering 'all options' including asset sales, while Tennessee-based First Horizon revealed that its $13 billion merger agreement with TD Bank has been terminated.PacWest shares were down 45 percent in early trading, while First Horizon stock slid as much as 40 percent, and anxiety over the potential for contagion pummeled shares of other regional banks.
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