Shares of several regional lenders have fallen on Monday after the collapse of First Republic Bank, the third major casualty of the biggest crisis to hit the banking sector in the United States since 2008.The banking turmoil erupted from the closure of Silicon Valley Bank and Signature Bank in March, causing depositors to flee regional lenders and driving fears that the crisis could engulf other midsized banks.The KBW Regional Banking Index shed 2.7 percent on Monday, hitting a session low, while shares of Citizens Financial Group, PNC Financial Services Group, Truist Financial Corp and US Bancorp fell between 3 percent and 7 percent. Valley National Bankcorp, which owns Valley National Bank, lost more than 20 percent.
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