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Jpmorgan rides to the rescue again, snapping up mortgages worth $1.8 billion as part of pacwest merger

JPMorgan is set to buy mortgages worth nearly $2 billion in PacWest's merger deal, per Bloomberg.  The Wall Street bank will buy the single-family re...

July 27, 2023, 8:45 am

Jpmorgan chase will reportedly pick up $1.8bn of loans following us regional bank merger

JPMorgan Chase & Co (NYSE:JPM) will acquire $1.8 billion of single-family residential loans to assist Banc of California (NYSE:BANC)'s acquisition of ...

July 27, 2023, 3:32 am

: regional-bank stocks add to gains on fed move and after pacwest deal suggests stabilization in sector

The SPDR S&P Regional Banking ETF moved up after PacWest agreed to be acquired by Banc of California and added to gains on news of the Fed’s interes...

July 26, 2023, 7:30 pm

Banc of california is expected to keep leading regional banks higher as pacwest deal ignites sector

Banc of California Inc.'s proposed agreement to acquire PacWest Bancorp. helped send regional-bank stocks considerably higher on Wednesday....

July 26, 2023, 4:58 pm

Why pacwest bancorp stock just exploded 25% higher

PacWest Bancorp delivered a Q2 earnings beat Tuesday afternoon, reporting a profit of $0.22 per share. More importantly, though, Banc of California is...

July 26, 2023, 3:45 pm

Jpmorgan to buy almost $2 bln of mortgages in the pacwest deal - bloomberg news

JPMorgan Chase & Co will buy almost $2 billion worth of mortgages to facilitate Banc of California's purchase of PacWest Bancorp , Bloomberg News repo...

July 26, 2023, 2:15 pm

Pacwest shares jump 30% on a $1.1 billion buyout deal

PacWest Bancorp (NASDAQ: PACW) opened 30% up today after Bank of California Inc (NYSE: BANC) said it will buy the commercial banking company for $1.10...

July 26, 2023, 11:48 am

Pacwest bancorp: m&a validates our bullish call on the preferred

US regional bank stocks have been heavily shorted since the collapse of Silicon Valley Bank, with PacWest Bancorp being a prime target. However, stabi...

July 26, 2023, 11:20 am

Pacwest stock tanked, then soared, on the same takeover news

The deal was bad news for the California bank's shares, until it was less bad....

July 26, 2023, 11:10 am

Pacwest shares soar after merger with rival banc of california

Imperiled bank PacWest shares soared in early trade on Wednesday after news of its merger with smaller rival Banc of California in a $1.1 billion all-...

July 26, 2023, 10:00 am

Movers & shakers: alphabet stock jumps on earnings while microsoft shares dip, and other stocks on the move

Alphabet, Microsoft, Dish Networks and PacWest Bancorp are among the stocks in the spotlight. Read Full Story The post Movers & Shakers: Alphabet stoc...

July 26, 2023, 9:11 am

Why is pacwest banc (pacw) stock up 30% today?

PacWest Banc (NASDAQ: pacw ) stock is rising higher on Wednesday after announcing it will combine with...

July 26, 2023, 8:05 am

Banc of california and pacwest bancorp deal well received by the market

In a significant development in the banking sector, Banc of California (NYSE:BANC) and PacWest Bancorp have announced their intention to merge, formin...

July 26, 2023, 7:59 am

Pacwest (pacw) & banc of california (banc) soar on merger deal

PacWest (PACW) and Banc of California (BANC) announce an all-stock merger deal....

July 26, 2023, 7:55 am

Alphabet stock jumps on earnings while microsoft shares dip, and other stocks on the move

Shares of PacWest Bancorp PACW, -27.04% rocketed 37% as the Banc of California BANC, +11.17% confirmed plans to buy the troubled regional lender....

July 26, 2023, 5:11 am

Pacwest stock soars on $1.1 bln buyout deal

PacWest Bancorp's shares rose nearly 38% in premarket trading on Wednesday, a day after smaller rival Banc of California agreed to buy the lender for ...

July 26, 2023, 4:47 am

Banc of california and pacwest bancorp will merge into a new bank holding $36 billion in assets

Banc of California and PacWest Bancorp shares surged after announcing an all-stock merger. The new bank will have $36 billion in assets and $30.5 bill...

July 25, 2023, 11:45 pm

Here's what key metrics tell us about pacwest (pacw) q2 earnings

While the top- and bottom-line numbers for PacWest (PACW) give a sense of how the business performed in the quarter ended June 2023, it could be worth...

July 25, 2023, 10:08 pm

Pacwest bancorp announces results for the second quarter 2023

SECOND QUARTER 2023 HIGHLIGHTS Net loss available to common stockholders of $207.4 million, or a loss of $1.75 per diluted share as the quarter was im...

July 25, 2023, 9:53 pm

Why these 2 bank stocks are soaring late tuesday

Stocks rose on Tuesday. Regional bank stocks climbed as PacWest and Banc of California announced merger plans....

July 25, 2023, 9:27 pm


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