Nation
World
Politics
Sports
Business
Entertainment
Life
Tech
Science
Opinion
Crime
Health
Oddities

PacWest bank secures $1.4-billion lifeline after drain on deposits

Por: Los Angeles Times Business March 22, 2023

thumbnail

PacWest Bancorp is moving to shore up liquidity to protect itself after customers pulled 20% of their deposits since the start of the year. The regional bank, whose shares have tumbled 58% this month, secured $1.4 billion from a financing facility from the Apollo Global Management-owned investment firm Atlas SP Partners and abandoned a separate push to raise capital because of market volatility, it said in a statement Wednesday. PacWest and... + full article



Similar News

Why drain backup insurance is so essential to have

WPTV USA Business March 22, 2023

thumbnailSpring can bring heavy downpours.If you find water on your lower level after one of those storms, you might assume your homeowners' insurance or flood insurance would cover that. But not in the case of a sewer or drain backup, as one family found out the hard way.Keith... + más

Death sentence upheld for killer with gender dysphoria claim | Associated Press

Hawaii man sucked into storm drain and dragged 2,400ft into ocean | Newsweek


PacWest Stock Falls After Providing a Financial Update

MarketWatch USA Business March 22, 2023

thumbnailPacWest said that as of March 20, FDIC-insured deposits exceeded 65% of total deposits. Community bank deposits stood at $15.1 billion, down 10.6% from the end of 2022. It also said that overall deposits, including those from venture capital, had dropped about 20%. Still,... + más

PacWest bank secures $1.4-billion lifeline after drain on deposits | Los Angeles Times

PacWest shares sink despite liquidity lift | Fox Business


First Republic Bank drops after expected quarter-point Fed hike; bank stocks mixed

MarketWatch USA Business March 22, 2023

thumbnailThe KBW Nasdaq Bank Index dropped 1.6% and the Financial Select SPDR Fund fell by 0.3%. While Morgan Stanley and Goldman Sachs posted gains of about 0.7% each, Bank of America Corp. dropped 1.5% and JPMorgan Chase fell 0.7%.  late Tuesday that First Republic had tapped Lazard... + más

First Republic Shares Crater To All-Time Low As Bank Reportedly Taps JPMorgan To Explore Possible Sale | Forbes

First Republic execs reportedly dumped $12M in stock before bank chaos | New York Post


PacWest shares sink despite liquidity lift

Fox Business USA Business March 22, 2023

thumbnailSenate Finance Committee member Sen. James Lankford, R-Okla., discusses whether Americans can have confidence in the U.S. financial system on 'Cavuto: Coast to Coast.' PacWest Bancorp shares slid even after its subsidiary Pacific Western Bank from Atlas SP Partners.... + más

PacWest Stock Falls After Providing a Financial Update | MarketWatch

PacWest bank secures $1.4-billion lifeline after drain on deposits | Los Angeles Times


Here are the things that drain an electric vehicle’s battery the most

MarketWatch USA Business January 30, 2023

thumbnailDriving: City vs. highway First things first, driving your EV will always drain the battery. The purpose of any EV battery is to provide power to propel the car along the road. Higher speeds require more energy than lower speeds. Additionally, the general rate at which driving... + más

Shaikin: Baseball embracing the 'flukes' and plenty of added revenue this postseason | Los Angeles Times

NFL playoff guide: Who’s in, who’s out and what’s the schedule for wild-card weekend? | Orlando Sentinel


Hawaii man sucked into storm drain and dragged 2,400ft into ocean

Newsweek USA Tech January 30, 2023

thumbnailA firefighter on the Hawaiian island of Maui was swept into a storm drain by powerful floodwaters and dragged for thousands of feet.The man, who has not been named, was sucked into a 4-foot-wide storm drain in Kihei on Friday while attempting to clear it of debris. He was then... + más

Death sentence upheld for killer with gender dysphoria claim | Associated Press

NFL Playoff Scenarios | ABC News


Death sentence upheld for killer with gender dysphoria claim

Associated Press USA Health October 20, 2022

thumbnailCOLUMBUS, Ohio (AP) — The Ohio Supreme Court upheld the death sentence Wednesday for an inmate who argued her attorneys didn’t properly raise in her defense trauma she experienced, including gender dysphoria.The court ruled 6-1 to uphold Victoria Drain’s conviction and... + más

Transgender young people feel less distress after gender-confirming surgery, Northwestern study says | Chicago Tribune

Court rejects request to rehear gender dysphoria case | ABC News



About iurex | Privacy Policy | Disclaimer |