“Yellen suggests more bank mergers, causing drop in regional bank stocks”

U.S. Treasury Secretary Janet Yellen told big bank chief executives at a meeting on Wednesday that more bank mergers may be needed. He was reported by CNN, citing two people who were unnamed.

In response to the report, the stock market on the 19th intensified selling to regional bank stocks, and the KBW regional bank stock index fell more than 3% at one point.PacWest Bancorp fell about 9% at one point,Western Alliance Bancorp is down 7% at one point.

原題：Banks Fall on Report Yellen Said More Mergers May Be Needed (1)、Yellen Told Bank CEOs More Mergers May Be Necessary: CNN（抜粋）