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Regional bank shares rally on Western Alliance deposit growth

Por: Fox Business Business May 18, 2023

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Sen. Bill Hagerty, R-Tenn., responds to the banking crisis following the fallout of Silicon Valley Bank on Kudlow. Shares of jumped on Wednesday on growing investor confidence that the worst of the banking crisis was likely over, following news of strong deposit growth at Western Alliance Bancorp. Deposits at Western Alliance grew by more than $2 billion in the three months to May 12, the bank said on Tuesday, suggesting customers remained... + full article



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