Por: CBS News Business May 04, 2023
In what is by now a familiar pattern, the fate of another regional lender hangs in the balance as investors bail from the sector following the sudden collapse of three prominent banks in a matter of weeks. Shares of PacWest Bancorp crumbled after the close of trading on Wednesday, diving 55% to $2.88 amid a report by that the $44 billion bank is weighing its strategic options, including a possible sale. The market drop followed a 28% plunge in... + full article
ABC News USA Business May 11, 2023
Shares of plummeted more than 20% in early trading on Thursday after the regional lender said it faced a sizable withdrawal of deposits last week, renewing concern over financial trouble in the aftermath of a string of major .The sharp decline of PacWest stock prompted a pause... + más
PacWest shares plummet after bank says it lost 9% of deposits last week | ABC7
Is PacWest Bank on the brink of collapse? Experts weigh in after shares plummet 50% | ABC News
ABC7 USA World May 11, 2023
plummeted more than 20% in early trading on Thursday after the regional lender said it faced a sizable withdrawal of deposits last week, renewing concern over financial trouble in the aftermath of a string of major .The sharp decline of PacWest stock prompted a pause in trading... + más
PacWest shares plummet after bank says it lost 9% of deposits last week | ABC News
MarketWatch USA Business May 08, 2023
In Monday morning trading, shares of PacWest (ticker: PACW) were up 5%, to $6. (WAL) and (ZION) each rose 1%, compared with a fractionally down S&P 500. PacWest announced a quarterly cash dividend of 1 cent a share, down from 25 cents in the previous quarter, and added that the... + más
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Fox Business USA Business May 04, 2023
Odeon Capital Group Financial Strategist Dick Bove argues more regional banks will fall, and the federal government doesn't have the money to stop it from happening on 'The Big Money Show.' is reportedly considering a sale or other moves. Bloomberg reported... + más
PacWest is the latest bank whose future is in question after reports it's weighing a sale sent shares tumbling over 50% | Business Insider
PacWest Stock Drops to a New Low. First Horizon and Canadian Bank Call Off Merger. | MarketWatch
Business Insider USA Business May 04, 2023
Jump to 0 An icon in the shape of a person's head and shoulders. It often indicates a user profile. An icon in the shape of a person's head and shoulders. It often indicates a user profile. All Featured About Follow Subscriptions US Markets Loading... H M S In the news... + más
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MarketWatch USA Business May 04, 2023
“Core customer deposits have increased since March 31, 2023, with total deposits totaling $28 billion as of May 2, 2023, with insured deposits totaling 75% vs. 71% at quarter end and 73% as of April 24, 2023,” the Beverly Hills, Calif-based bank said in a statement. PacWest... + más
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ABC News USA Business May 04, 2023
Shares of PacWest Bancorp plunged more than 50% in early trading on Thursday, marking the latest spasm of after three of the nation's 30-largest banks within a matter of weeks.In all, PacWest stock has fallen more than 85% this year, erasing hundreds of millions of dollars... + más
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