Skip to content

With the Fed scrambling to find a “market solution” to bail out PacWest, if you want to know who is next to fall look at the list of banks being shorted by speculators in the United States. As the “Wall Street on Parade” website reports, Silvergate and First Republic were on that list, with First Republic holding the top place. Number 2 on the list is PacWest. Number 6 and 7 are Comerica Inc. and Western Alliance Bancorporation. The market value of those banks is now crumbling. The list is here: https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/first-republic-records-largest-jump-in-short-interest-among-us-banks-in-march-75305602

This post is for paying subscribers only

Subscribe

Already have an account? Sign In