Overview
- PacWest Bancorp's shares rose after slashing dividend to build capital amid economic uncertainty.
- Other regional banks rebounded following collapses of three lenders and takeover of First Republic.
- Nearly half of Americans are worried about money in banks, according to survey.
- PacWest is exploring strategic options like possible sale but remains in solid financial shape.
- Fire-sale yields and falling stocks suggest investors see value in battered regional banks.