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Business

Evette Mitkov

Western Alliance, Zions Bancorp Shares Are Falling Thursday: What You Need To Know

Western Alliance Zions ZION Zions Bancorp WAL Zions Bancorporation

Downward,Red,Business,Chart,On,Blurry,Background.,Crisis,,Recession,And

Regional bank stocks are tumbling Thursday after a pair of banks raised credit quality concerns. Here’s what you need to know.

What Happened: Several regional bank stocks, including Western Alliance Bancorporation (NYSE:WAL) and Zions Bancorporation (NASDAQ:ZION), are trading lower amid overall market weakness as traders move into safe-haven assets like gold and metals. Regional bank shares have been moving lower as concerns grow over sour loans.

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