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Uh-oh: SEC is not considering short selling ban as worries over bank soundness hurt shares

Eamonn Sheridan
03/05/2023 | 21:39 GMT

Oh dear. Sometimes its better not to say anything at all.

This is the vibe US officials are grappling with:

  • US regional bank PacWest is considering strategic options, including a sale

Shares of the bank were smashed lower in after hours trading. Dragging down the market, adding to Wednesday's losses:

spx futures pacwest shares 04 May 2023

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