US regional bank stocks fall after Yellen says more bank mergers necessary

US regional bank stocks fall after Yellen says more bank mergers necessary

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Shares of U.S. regional lenders fell on Friday after CNN reported that U.S. Treasury Secretary Janet Yellen told bank chief executives that more mergers may be necessary following a series of bank failures. Yellen also reaffirmed the strength and soundness of the country's banking system at the…

#treasury #janetyellen #siliconvalleybank #signaturebank #firstrepublicbank #pacwestbancorp #westernalliance #comericainc #zionsbancorp #usfederalreserve

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