On Monday morning, trading in the shares of a number of banks was halted as panic spread following the collapse of Silicon Valley Bank.
The Nasdaq Trader website published a list of bank shares that were placed under a temporary regulatory halt. Newsweek has listed them below.
Each bank share had been hit with a volatility trading pause, a kind of circuit-breaker that automatically halts trading for a short time when a share's price swings too rapidly. At the time of writing, some of these shares had plunged by more than 60%.
The New York Stock Exchange on March 13, 2023 in New York City. A number of bank shares this morning have been placed under temporary trading halts following the shutdown of the Silicon Valley Bank last week.MICHAEL M. SANTIAGO/GETTY IMAGES
- Western Alliance Bancorporation Common Stock
- PacWest Bancorp
- First Republic Bank Common Stock
- Zions Bancorporation N.A.
- OceanFirst Fnl Dp Sh Pfd A
- Customers Bancorp, Inc - Common Stock
- East West Bancorp, Inc.
- Metropolitan Bank Holding Corp. Common Stock
- First Horizon Corporation Common Stock
- Regions Financial Corporation Common Stock
- Comerica Incorporated Common Stock
- Bank of Hawaii Corporation Common Stock
- KeyCorp Common Stock
- Customers Bancorp, Inc 5.375% Subordinated Notes Due 2034
- Macatawa Bank Corporation
- Texas Capital Bnc Dpsh 5.75 Ps - Preferred Stock
- United Community Bk Dep
- The Charles Schwab Corporation - Common Stock
- Coastal Financial Corp Cm St
- Huntington Banc Dep Shs J
- Magyar Bancorp Inc
- Macatawa Bank Corporation
Some of the bank shares listed above had trading halted several times.