Pressure grows for regulatory intervention as US bank rout deepens

WASHINGTON  -Pressure is growing on U.S. regulators to take more steps to shore up the country’s banking sector as a renewed rout in regional lenders’ shares forced PacWest Bancorp to explore options to bolster its balance sheet. Wall Street executives and bank analysts called for regulators to quickly provide more protection for bank deposits and … Continue reading Pressure grows for regulatory intervention as US bank rout deepens