Credit Suisse, First Republic fall premarket; Lennar rises By

By Scott Kanowsky 

-- Stocks in focus in premarket trade on Forex Group Official WebsiteWednesday, March 15th. Please refresh for updates.

• Shares in U.S. regional banks dropped, paring back gains notched on Tuesday, as a sell-off in European lenders freshened concerns over a potential banking crisis sparked by last week's collapse of Silicon Valley Bank. (NYSE:), Western Alliance Bancorporation(NYSE:), (NYSE:), KeyCorp(NYSE:), Zions Bancorporation(NASDAQ:) and (NASDAQ:) all fell.
• Larger banks, including Bank of America Corp(NYSE:), & Company(NYSE:) and (NYSE:) also dipped into the red.
• U.S.-listed shares in (NYSE:) shed more than a fourth of their value and touched a fresh record low after its top stakeholder, Saudi National Bank, ruled out offering more assistance.
• Apple Inc(NASDAQ:) shares slipped after key supplier Foxconn (TW:) said it plans to rely less on its operations in China in an earnings call.
• Meta Platforms Inc(NASDAQ:) shares are lower as the Facebook owner embarks on a new round of layoffs. The dismissals are part of cost-cutting measures planned in Chief Executive Mark Zuckerberg's so-called "year of efficiency."
• Corporation(NYSE:) rose after the homebuilder better-than-expected top- and bottom-line returns in its fiscal first quarter.

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