PacWest Bancorp (PACW) shares are declining more than 53 percent on Monday morning in line with the general trend of the market. SVB Financial Group's collapse and the resultant imbroglio in the banking sector in the U.S. dragged down many banking stocks.
Currently, shares are at $5.26, down 57.45 percent from $12.35 on a volume of 20,955,387.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.