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Pacwest tumbles on weighing options, other u.s. regional bank stocks fall
Shares of U.S. regional banks fell premarket on Thursday, hurt by a 37% slump in PacWest Bancorp after its announcement about exploring strategic opti...
May 4, 2023, 5:30 am
Banking crisis fears extend to pacwest as shares fall more than 50%—but bank says deposits grew since march
The regional lender's stock price cratered more than 50% on Wednesday, following reports that it was exploring a potential sale or a breakup....
May 4, 2023, 4:37 am
Pacific western bank issues update
LOS ANGELES, May 03, 2023 (GLOBE NEWSWIRE) — In light of recent reporting regarding strategic actions, PacWest Bancorp (Nasdaq: PACW) (the “Compan...
May 4, 2023, 4:31 am
Pacwest up for sale in latest sign of banking wobble
Pacific Western Bancorporation shares fell over 50% in after-hours trading, prompting renewed strain on US bank stocks after it became the latest lend...
May 4, 2023, 4:14 am
Pacwest says deposits are rising and it's holding talks with partners, investors
The regional lender seeks to reassure markets following Wednesday's 55% plunge in the stock. 'The bank has not experienced out-of-the-ordinary deposit...
May 4, 2023, 3:36 am
After frc collapse, beware of comerica, western alliance, pacwest stocks
Bank failures in the United States are rising this year. Already, five regional banks – First Republic, Signature, Silicon Valley Bank, and Silverga...
May 4, 2023, 2:45 am
Pacwest says deposits rising, confirms talks with possible investors, partners
PacWest Bancorp PACW, -1.98% said Thursday that its deposits were rising and that the lender had been in discussions with possible investors or partne...
May 4, 2023, 2:36 am
Pacwest stock price forecast: here's why it is heading to zero
PacWest (NASDAQ: PACW) stock price plunge continued this week following the collapse and acquisition of First Republic Bank by JP Morgan. The shares w...
May 4, 2023, 12:56 am
Pacwest bancorp explores strategic asset sales
PacWest Bancorp said on Thursday that it is exploring strategic asset sales, including moving the $2.7 billion lender finance loan portfolio to held-f...
May 4, 2023, 12:41 am
A whole bunch of markets are retracing to cover 'gaps' as asia market liquidity returns
I posted earlier:We've had some wild swings in markets since the US cash close. This stoked fear:US regional bank PacWest is considering strategic opt...
May 4, 2023, 12:34 am
Bill ackman says "regional banking system is at risk".
Ackmann tweet. Ackman is a hedge fund billionaire. Catching up to the news flow:Yikes, we are seeing some panic on this:US regional bank PacWest is co...
May 3, 2023, 11:39 pm
Banking crisis - reports firming of likely us government deposit guarantees above $250k
Yikes, we are seeing some panic on this:US regional bank PacWest is considering strategic options, including a saleIts hit markets:Its getting hot in ...
May 3, 2023, 11:36 pm
Us bank pacwest - advisers engaged to mull on alternatives, including potential sale
Chatter on this was earlier:US regional bank PacWest is considering strategic options, including a saleLooks to be firming up now with sources reporti...
May 3, 2023, 11:20 pm
Dow jones, s&p 500, nasdaq 100 sink after fed, powell, pacwest woes crush sentiment
The Dow Jones, S&P 500 and Nasdaq 100 plunged after the Fed rate decision, Powell’s press conference, and another troubled regional bank, PacWest, d...
May 3, 2023, 11:00 pm
Reminder: japanese markets closed today, asian twilight zone to persist longer than usual
We've had some wild swings in markets since the US cash close. This stoked fear:US regional bank PacWest is considering strategic options, including a...
May 3, 2023, 10:49 pm
Bitcoin rises as latest teetering u.s. bank sends traders to crypto haven
Bitcoin (BTC) was up on the news, rising more than 2% to $28,900 at press time. The news on PacWest comes only days after First Republic Bank (FRC) wa...
May 3, 2023, 10:44 pm
Its getting hot in herre. gold spike up, oil spike down
US crude futures have spiked down circa $4 in early Asia. Gold spiked higher. S&P and NASADA futures lower. While the FOMC and Powell sounded calm and...
May 3, 2023, 10:12 pm
: pacwest stock plummets more than 50% after report of potential sale; other bank stocks fall too
PacWest Bancorp shares tumbled more than 50% in after-hours trading Wednesday, after a report that the company’s executives are weighing a possible ...
May 3, 2023, 10:02 pm
Uh-oh: sec is not considering short selling ban as worries over bank soundness hurt shares
Oh dear. Sometimes its better not to say anything at all. This is the vibe US officials are grappling with:US regional bank PacWest is considering str...
May 3, 2023, 9:39 pm
Pacwest bancorp reportedly considering options as stock price plummets
PacWest Bancorp has reportedly been considering a sale, a breakup or a capital raise. The regional bank has been considering these options, but hasn't...
May 3, 2023, 9:38 pm