menu search

Pacwest shares gain as the bank sells off $3.5 billion in loans

PacWest shares gained close to 7% in early trading on Monday after announcing it would sell a $3.5 billion loan portfolio to Ares Management. Read Ful...

June 26, 2023, 5:14 pm

Pacwest sells $3.5 billion loan portfolio to asset management firm ares

PacWest Bancorp said on Monday it was selling a $3.54 billion lender finance loan portfolio to asset management firm Ares Management, in an attempt to...

June 26, 2023, 2:29 pm

Pacwest sells loan portfolio for over $3.5b

PacWest Bancorp confirmed on Monday the sale of a $3.54 billion loan portfolio to asset firm Ares Management after the LA-based bank began selling rea...

June 26, 2023, 2:25 pm

Pacwest sells $3.5 billion in loans to ares

PacWest Bancorp sold a $3.5 billion asset-backed loan portfolio to Ares Management Corp., the latest example of a bank seeking to improve liquidity ...

June 26, 2023, 12:53 pm

Pacwest shares gain as the bank sells off $3.5 billion in loans

PacWest shares gained close to 7% in early trading on Monday after announcing it would sell a $3.5 billion loan portfolio to Ares Management....

June 26, 2023, 11:55 am

Pacwest sells lender-finance loan portfolio to ares management

PacWest Bancorp (NASDAQ: PACW) is in focus this morning after Ares Management Corp agreed to buy its specialty finance portfolio. What's in it for Are...

June 26, 2023, 11:52 am

Why shares of pacwest bancorp are rising today

The sale will help improve the bank's capital and liquidity position. PacWest has been one of the most volatile and sold-off bank stocks since the ban...

June 26, 2023, 11:09 am

Pacwest lifts bank stocks as it raises more cash from loan sale

A fresh cash infusion from the sale of loans by hard-hit bank stock PacWest Bancorp lifted the financial sector on Monday....

June 26, 2023, 11:02 am

Why is pacwest (pacw) stock up today?

PacWest (NASDAQ: pacw ) stock is up about 5% today after the company sold a $3.5 billion loan portfolio...

June 26, 2023, 10:49 am

Pacwest shares pop as loan portfolio sale bring in $2b

PacWest Bancorp shares jumped Monday morning after the regional bank announced plans to sell a $3.54 billion lender finance loan portfolio to Ares Man...

June 26, 2023, 9:57 am

Pacwest bancorp stock jumps as ares buys $3.5 billion of loans

Shares of the bank were hammered earlier in the year amid the turmoil among regional banks triggered by the collapse of Silicon Valley Bank....

June 26, 2023, 8:01 am

Pacwest sells loan portfolio to ares management in deal that generates $2 bln ‘to improve liquidity'

PacWest Bancorp PACW, +0.56% said Monday it agreed to sell a lender finance loan portfolio to Ares Management Corp. ARES, -2.37% in a deal expected to...

June 26, 2023, 6:57 am

Ares acquires $3.5 bln loan portfolio from pacwest

Private-equity firm Ares Management said on Monday it had acquired a $3.5 billion specialty finance loan portfolio from PacWest Bancorp....

June 26, 2023, 6:46 am

Pacwest bancorp: sacrificing most of its income to improve stability

PacWest Bancorp: Sacrificing Most Of Its Income To Improve Stability...

June 25, 2023, 3:45 am

Pacwest bancorp: finding value after the storm

Regional banks have pulled back lately following a brief May and early June reprieve. PacWest's operating situation appears to have stabilized, with t...

June 25, 2023, 1:17 am

Hawkish fed pauses rate hikes: what this means for banks

The Fed pauses rate hikes but signals more for later this year. Banks, including PacWest (PACW), Comerica (CMA), Zions (ZION), Fifth Third (FITB) and ...

June 15, 2023, 10:17 am

Kennedy wilson closes first tranche of previously-announced loan purchase from pacwest

Kennedy Wilson KW, +0.82% said Friday it closed on the initial tranche of loans as part of a $5.7 billion loan portfolio acquisition from Pacific West...

June 9, 2023, 6:23 am

Why shares of pacwest bancorp, customers bancorp, and merchants bancorp are rising this week

Sometimes, no major news can be a good thing for a volatile sector. Odeon Capital initiated coverage on PacWest Bancorp....

June 8, 2023, 5:19 pm

Fairfax financial to buy majority of pacwest loans sold to kennedy-wilson

Canadian insurer Fairfax Financial Partners said on Monday it had agreed to buy a huge chunk of PacWest Bancorp real estate loans from property invest...

June 5, 2023, 1:36 pm

Kennedy-wilson lines up fairfax financial as co-buyer of pacwest loan portfolio

Kennedy-Wilson Holdings Inc. KW, +5.33% said it inked an agreement to include Canada's Fairfax Financial Holdings Ltd. FFH, +1.79% in a previously-ann...

June 5, 2023, 8:51 am


Search within

Pages Search Results: