Regional Bank PacWest Is Reportedly Weighing a Sale. What Should Investors Do?

Motley Fool2023-05-04

KEY POINTSPacWest's stock was down more than 52% in after-hours trading Wednesday.Investors have been closely monitoring this bank since the collapse of Silicon Valley Bank in March.Last week, PacWest...

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Comments

  • AlanTiger
    2023-05-04
    AlanTiger
    Okok 
  • Nite
    2023-05-04
    Nite
    It becomes a self fulfilling prophecy once people start a bank run. Assets and liabilities are mismatched at all banks
  • Mushroomyyy
    2023-05-04
    Mushroomyyy
    Ok
  • Deshost
    2023-05-04
    Deshost
    Scary, isn't it? Fret not, not all the banks in the world are affected by the'disease' and  going busts overnight. This reminds me that not all apples (or bank stocks in this case) in a basket are bad. Apart from all those banks with similar shortsighted and unsustainable strategy, all other major banks would not be affected, whether they are headquartered in US or not. Perhaps, we may see one or two more of this dominos in either US or Europe, as the bad apple surfaces. Unless the banks have similar bad practices and/or are linked to these bad apples, nothing untoward like a bank run would happen, especially when they are strong with excellent fundamentals and sustainable practices like DBS. If I can, I would scoop more of such fundamentally strong big bank stocks
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