Shares of smaller lenders sink once again, reviving fears about the banking sector
PacWest and Western Alliance were among the smaller lenders that saw shares tumble even as the banks sought to reassure their customers and investors..
Hours after JPMorgan Chase took over First Republic Bank, Jamie Dimon, the CEO of the largest lender in the U.S., called an end to the bank turmoil that had enveloped the country's smaller lenders since March.
"This part of the crisis is over," he told Wall Street analysts.
Days later, there are signs that, instead of it being over, the turmoil in the banking sector may be entering a new phase.
The sale of First Republic after a brief government takeover early on Monday had
