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Benzinga
Benzinga
Business
Piero Cingari

BIZARRE: Why everyone s suddenly watching regional banks again - You Need To See This

banks ai4

Regional bank stocks rebounded Friday, clawing back part of the previous day's steep losses as a round of better-than-expected earnings helped ease—but not erase—credit fears that had roiled the sector.

The SPDR S&P Regional Banking ETF (NYSE:KRE) rose 1.1% by 2 p.m. ET, after plunging 6.2% on Thursday, its worst single-day drop since April.

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