REGIONAL BANKS HIT BY BAD LOANS. Shares of Zions Bancorporation ( $ZION) fell up to 6.4% after a $50M charge-off tied to a loan from California Bank & Trust. Western Alliance Bancorporation ( $WAL) dropped 11% over a collateral issue with a borrower and exposure to the collapse of First Brands Group. The bank said its 2025 outlook remains unchanged. Losses from bad loans have been rising, following recent write-downs by JPMorgan Chase & Co. and Fifth Third Bancorp after Tricolor Holdings’ bankruptcy.