Yang Shi Xin Wen·2025-10-17 11:26Core Viewpoint - Two major regional banks in the U.S., Zion Bank and Western Alliance Bank, faced loan fraud incidents, leading to significant stock price declines and heightened concerns about credit risk in the banking sector [1] Group 1: Company Impact - Zion Bank reported $60 million in bad debts from two commercial and industrial loans and has initiated fraud lawsuits against relevant parties [1] - Western Alliance Bank confirmed it provided credit services to the involved borrowers and has also filed fraud lawsuits [1] Group 2: Market Reaction - On the day of the news, both banks' stock prices dropped over 10%, contributing to a 6.3% decline in the U.S. regional bank index [1] - The total market value of 74 large U.S. banks decreased by over $100 billion as a result of these events [1]