Ken Griffin's Citadel just took a 5% stake in a regional bank that was crushed by the collapse of SVB

Ken Griffin's Citadel just took a 5% stake in a regional bank that was crushed by the collapse of SVB

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Ken Griffin. Citadel Ken Griffin's Citadel said it bought a 5.3% stake in Western Alliance Bancorporation on Tuesday. The Arizona-based regional bank's stock dived as much as 90% in the wake of Silicon Valley Bank's collapse. Western Alliance shares soared 53% on Tuesday as regional banks…

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