The alleged 'sweeping betrayal of trust' that rocked Zions bank and spooked Wall Street
1. Zions lost $1B in valuation after $60M loan revelation. 2. A 13% share plunge raised fears in the regional bank sector. 3. Zions' California Bank & Trust is suing Cantor Group managers. 4. Collateral for loans was eliminated without Zions' knowledge. 5. Western Alliance is also suing for similar fraud claims.