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Regional Bank Bosses Grab ‘Bargain’ Stocks From SVB Turmoil

Regional bank leaders invest in stocks following Silicon Valley Bank's collapse, taking advantage of a selloff to make a profit.

  • Regional bank leaders snap up stocks of their companies following Silicon Valley Bank's collapse.
  • Over 100 executives at US lenders spent at least $13.9 million combined boosting their stakes.
  • Most of the transactions took place in the past few days, with many already turning a profit.
  • KBW Regional Banking Index slumped 20% for the month through yesterday's close.
  • The selloff in bank stocks created a compelling entry point to buy.
Regional Bank Bosses Grab ‘Bargain’ Stocks From SVB Turmoil
Regional bank leaders are snapping up shares of their companies’ stocks, taking advantage of a selloff fueled by the fallout from Silicon Valley Bank’s collapse.

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