Stock Market News 17 October 2025

Fraud Shocks at Regional Lenders Ignite a Selloff This week’s drama began when Zions Bancorporation, a Utah-based regional bank, revealed a major loan fraud that blindsided investors. In an SEC filing on Oct. 15, Zions said it discovered “misrepresentations and contractual defaults” in two large commercial loans (~$60 million total) made by its California Bank & Trust unitts2.tech. The borrowers – investment funds tied to financiers Andrew Stupin and Gerald Marcil – allegedly used the money to buy distressed mortgages, then shuffled the collateral to other entities, according to Zions’ lawsuit (the borrowers deny the allegations)straitstimes.comstraitstimes.com. Zions moved quickly: it accelerated

Fraud Bombshell Sends Zions Stock Reeling Zions Bancorp, a Salt Lake City-based regional bank, dropped a stunning disclosure this week: it found evidence of potential fraud in two large commercial loans worth about $60 million ts2.tech. The borrowers – reportedly affiliated with an independent investment fund – allegedly misrepresented collateral and other information, prompting Zions to accelerate the loans to default and sue the guarantors in California ts2.tech. The bank wrote off $50 million of the exposure and set aside reserves for the rest, effectively recognizing a full $60 million hit ts2.tech. This charge-off will flow through Zions’ upcoming earnings, immediately denting Q3

Market Selloff Deepens on Credit Fears A wave of credit-related jitters hit Wall Street, igniting a broad selloff led by financial stocks. On Thursday, the Dow, S&P 500, and Nasdaq all shed nearly 1% of their value ts2.tech. The selloff was concentrated in regional banks, where bad loan news triggered outsized damage. Zions Bancorp disclosed a surprise $50 million loan charge-off, sinking its stock by double-digits, while Western Alliance revealed it is suing a borrower over alleged fraud – news that sent its shares tumbling as well ts2.tech. Even Jefferies, an investment firm, saw its stock slide on concerns about

{“@context”:”https://schema.org”,”@type”:”LiveBlogPosting”,”@id”:”https://ts2.tech/en/stock-market-today-17-10-2025/#live”,”headline”:”Stock Market Today 17.10.2025″,”description”:”Live rolling coverage of stock markets, macro data, and major moves.”,”datePublished”:”2025-10-17T06:01:01-04:00″,”dateModified”:”2025-10-19T06:00:10-04:00″,”coverageStartTime”:”2025-10-17T06:01:01-04:00″,”coverageEndTime”:”2025-10-19T06:00:10-04:00″,”author”:{“@type”:”Organization”,”name”:”TechStock²”},”publisher”:{“@type”:”Organization”,”name”:”TechStock²”,”logo”:{“@type”:”ImageObject”,”url”:”https://ts2.tech/wp-content/uploads/2024/02/cropped-ts2-logo-google.png”}},”inLanguage”:”en-US”,”liveBlogUpdate”:[{“@type”:”BlogPosting”,”@id”:”https://ts2.tech/en/stock-market-today-17-10-2025/#live/u/554ef6f94eda71f5″,”headline”:”IndiGo Finalizes 30-Airbus A350 Order, Lifting Total A350 Commitments to 60″,”articleBody”:”IndiGo has firmed up a commitment for 30 Airbus A350s, converting a June MoU into a binding order and lifting its total A350 orders to 60. The deal underscores growing demand for widebodies as the carrier expands long-haul capacity. Airbus notes the A350 already supports up to 50% SAF use and aims to make all aircraft 100% SAF-capable by 2030. Globally, the A350 program has logged over 1,400 orders from 63 customers through September 2025, highlighting the