1970-01-01 00:00:00
Badly battered on the stock market since early March, US regional banks rebounded massively on Friday, in the wake of positive figures for the world’s largest economy. Job creations expectations in April and unemployment falling to a decades low were interpreted by the markets as a sign that growth is continuing. This is positive for risky assets such as stocks. And even more for the small banks PacWest, Western Alliance and First Horizon, which were perceived as the most threatened in recent days.
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