zions

ChainCatcher news, according to Jin10, U.S. regional bank Zions has erased its pre-market decline and is now up more than 4%.

ChainCatcher news, according to Jin10 reports, regional banks in the United States are facing a crisis again, dragging down bank stock prices significantly. Zions Bancorp's stock price fell by as much as 15%, as the company disclosed that its wholly-owned subsidiary, California Bank & Trust, recorded a $50 million impairment charge on a loan underwritten. Western Alliance Bancorp's stock price fell by as much as 13%. Affected by this news, the KBW Bank Index in the U.S. stock market closed down 3.6%.