June 14, 2023 | Premium Service | In this edition of The Institutional Risk Analyst, we go down the list of banks in our surveillance group and provide some color to the updraft that has pulled PacWest Bancorp (PACW) back towards half of book value.
Some names in the group like Comerica (CMA) are of special interest and were of particular concern back in April and May, when Fed and Treasury officials were tracking the level of bank deposits via telephone. In the age of AI, US bank regulators verify end-of-day deposits by telephone.
IRA Bank Surveillance List