PacWest Stock Surges 80%, Regional Banks Recover After Selloff

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US bank shares plunge as PacWest fuels crisis fears

[ad_1] Ashley Webb, of Capital Economics, said: “This is the first bit of data that we have had that covers the period immediately after the concerns over the health of…

PacWest and the Bank Confidence Genie

[ad_1] Shares of the regional bank are tanking as traders start to price in a “burned down” book. [ad_2] Source link

PacWest Says It’s Exploring Options After Shares Plunge

[ad_1] PacWest Bancorp, a midsize lender that has been under pressure after three of its larger peers failed this year, issued a statement overnight, after its share price suddenly dropped,…

PacWest shares plunge 60pc as US bank explores sale amid banking crisis fears

[ad_1] Good morning.  PacWest shares plummeted by 50pc in after hours trading in New York amid talks of a rescue for the US regional bank. The bank has instructed boutique…

PacWest confirms strategic options talks after US bank shares plunge

[ad_1] May 3 (Reuters) – PacWest Bancorp (PACW.O) said late on Wednesday it was in talks with potential partners and investors about strategic options after shares of the Los Angeles-based…

PacWest Bank shares fall more than 50% on report that it could be the next regional bank to collapse

[ad_1] New York(CNN) Shares of PacWest Bank were cut in half in after-hours trading after Bloomberg reported that the regional bank swept up in the recent crisis is exploring strategic…

PacWest is weighing strategic options, including possible sale – Bloomberg News

[ad_1] May 3 (Reuters) – PacWest Bancorp (PACW.O) has been weighing a range of strategic options, including a sale, Bloomberg News reported on Wednesday, citing people familiar with the matter.…

Exclusive: California bank PacWest Corp in talks to get liquidity boost -sources

[ad_1] NEW YORK, March 16 (Reuters) – PacWest Corp (PACW.O) is in talks about a liquidity boost with Atlas SP Partners and other investment firms, people familiar with the matter…