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Pacwest stock tanks again on a hit to deposits: buy the dip?
Shares of PacWest Bancorp (NASDAQ: PACW) ended more than 20% down on Thursday after the regional bank reported significant deposit outflows for the fi...
May 11, 2023, 5:50 pm
Pacwest plummets after suffering mass deposit withdrawals
PacWest Bancorp was knocked 25% lower when the US trading session opened on Thursday following news of a significant decline in deposits hitting the r...
May 11, 2023, 10:17 am
Pacwest stock plummets on deposit outflows, western alliance reports rising deposits
Yahoo Finance's Julie Hyman reports on the decline of PacWest Bank stock after its update showed a drop in deposit outflows, while Western Alliance ha...
May 11, 2023, 10:11 am
Franklin (ben) stock up despite april 2023 aum declines
Franklin's (BEN) April AUM declines on account of cash management net outflows offsetting positive impacts of market and the flat long-term net inflow...
May 10, 2023, 1:41 pm
Alliancebernstein's (ab) april aum stable on upbeat markets
AllianceBernstein's (AB) April AUM remains unchanged from the prior month as favorable markets offset outflows during the month....
May 10, 2023, 9:09 am
Cohen & steers' (cns) april aum improves on upbeat markets
Cohen & Steers CNS reported preliminary assets under management (AUM) of $80.9 billion as of Apr 30, 2023, which reflects an increase of 1.3% from the...
May 9, 2023, 12:13 pm
Pimco's founder gross: investors should expect 3 – 4% inflation going forward
Pimco Founder Gross is saying:Selling volatility of regional banksinvestors are leery about deposit outflowsinvestors should expect a 3 – 4% inflati...
May 8, 2023, 5:30 pm
U.s. weekly fundflows insight report: despite plus-side returns for the week, etf and fund investors duck for cover during the fund-flows week
Investors were net purchasers of fund assets for the second week in a row, injecting a net $5.8 billion for the week ended Wednesday, May 3. Equity ET...
May 5, 2023, 12:00 am
Why shares of pacwest bancorp crashed today
PacWest provided an update this morning that said it is not seeing abnormal deposit outflows. The company also said it has recently been approached by...
May 4, 2023, 11:05 am
Western alliance says no unusual deposit outflows after first republic sale
Western Alliance Bancorp said on Wednesday it had not experienced unusual deposit outflows following the sale of collapsed lender First Republic Bank ...
May 3, 2023, 10:38 pm
Fed to hike rates as us bank turmoil persists
Banking relief after JP Morgan swallowed the First Republic Bank on Monday remained short-lived, as some regional bank stocks, like Valley National Ba...
May 3, 2023, 7:42 am
Foreign selling of malaysian equities rose to rm187.8m last week, says midf
Foreign selling of local equities on Bursa Malaysia widened to RM187.8 million last week from a net outflow ...
May 2, 2023, 1:59 am
Never waste a crisis: jpmorgan gets first republic in a deal to expand high net worth business
JPMorgan won the rushed auction to acquire First Republic and prevent another messy bank failure after First Republic experienced a fatal level of dep...
May 1, 2023, 12:11 pm
First republic bank: seems done
First Republic Bank has been troubled since the March turmoil. First quarter results, and notably deposit outflows, seemed to have sealed the fate of ...
April 30, 2023, 8:17 am
U.s. weekly fundflows insight report: international equity funds record second-largest weekly outflow of year
During Refinitiv Lipper's fund-flows week that ended April 26, 2023, investors were overall net purchasers of fund assets (including both conventional...
April 30, 2023, 4:00 am
Bitcoin held on binance surges to record high of 692k btc: glassnode
The total amount of bitcoin (BTC) held in Binance’s wallets has increased sharply in the past four weeks, reversing the ...
April 28, 2023, 9:29 pm
Us equities finish at the highs of the day as fear quickly turns to fomo. april goes green
Here's how the week played out.It started with worries about First Republic Bank and that ultimately led to a death spiral of the company as it report...
April 28, 2023, 8:07 pm
Why first republic stock collapsed 70% this week
CNBC is reporting that First Republic stock will get absorbed by the FDIC, which will look to sell its assets. The bank reported huge deposit outflows...
April 28, 2023, 2:10 pm
Bitcoin bulls battle for the usd 30k psychological level
The last few days have been volatile for cryptocurrency traders. The BTCUSD rate fell to the USD 27k support line and rose to USD 30k. Bullish sentime...
April 28, 2023, 7:56 am
Schwab proves resilient, dispels fears over outflows
Charles Schwab has seen its bank deposit base shrink over the last year. Rising interest rates have customers seeking higher-yielding alternatives....
April 26, 2023, 5:33 am