American bank holding company
Banc of California to Move Headquarters to Los Angeles After PacWest Rescue Deal: Banc of California Inc., the lender that just acquired rival PacWest Bancorp in ...
bloomberg.com/news/articles/2023-12-05/banc-of-california-to-move-to-los-angeles-after-pacwest-purchase
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Banc of California: A Top Dividend Growth Stock For 2024: Banc of California just completed the merger with PacWest which created the 3th largest bank in ...
seekingalpha.com/article/4657933-banc-of-california-a-top-dividend-growth-stock-for-2024
Paid articlePaid
$BANC $PACW | Banc Of California Receives Final Regulatory Approval For Its Merger With PacWest Bancorp- Expected To Close Before End Of 2023
Banc of California Sees Deposits Unexpectedly Drop in Quarter: Banc of California Inc., which agreed to acquire rival PacWest Bancorp in a rescue deal earlier ...
bloomberg.com/news/articles/2023-10-24/banc-of-california-sees-deposits-unexpectedly-drop-in-quarter
Banc of California wins timely Fed approval of PacWest acquisition: The Federal Reserve Board and state regulators signed off on the $1 billion deal ...
americanbanker.com/news/banc-of-california-wins-timely-fed-approval-of-pacwest-acquisition
Banc of California’s PacWest (PACW) Acquisition Wins Fed Approval: Banc of California Inc. received approval from the Federal Reserve for its acquisition of ...
bloomberg.com/news/articles/2023-10-19/banc-of-california-s-pacwest-acquisition-wins-fed-approval
JPMorgan to buy mortgages worth $1.8 billion as part of PacWest merger: The Wall Street banking giant will buy the residential mortgages at a discount as part of ...
markets.businessinsider.com/news/stocks/jpmorgan-buy-mortgages-worth-nearly-two-billion-pacwest-merger-2023-7
Quick Glance: Banc of California and PacWest to Merge, Generate $400 Million in Equity
- Banc of California and PacWest Bancorp are planning a merger in an all-stock deal to create a bank with $36 billion in assets.
- The merged bank will have over $25.3 billion in loans and more than 70 branches in California.
- Los Angeles will serve as the headquarters, with Jared Wolff, the CEO of Banc of California and former General Counsel of PacWest, leading the organization.
- Following news of the potential merger, PacWest's stocks plummeted by 27%, while Banc of California experienced a 10% surge.
Regional Banks Rally for Fifth Week as PacWest Deal Quells Fears: Shares of US regional lenders are on pace for the longest weekly streak of gains since March ...
bloomberg.com/news/articles/2023-07-28/regional-banks-rally-for-fifth-week-as-pacwest-deal-quells-fears
Southern Bancorp CEO Sees More Regional-Bank Consolidation After PacWest Deal: More regional-bank consolidation is likely in the wake of Banc of California Inc ...
bloomberg.com/news/articles/2023-07-28/southern-bancorp-ceo-sees-more-consolidation-after-pacwest-deal
Banc of California to Buy PacWest in All-Stock Deal : An announcement could come as soon as the close of trading on Tuesday. Both lenders are scheduled to report ...
barrons.com/articles/banc-of-california-merger-pacwest-wsj-reports-84a66ca7
Paid articlePaid Bill Gross Said He's Selling Western Alliance, PacWest Holdings: Bill Gross said he’s selling most of his regional bank holdings, three months after buying ...
bloomberg.com/news/articles/2023-07-26/bill-gross-cutting-regional-banks-after-making-mucho-bucks
Jamie Dimon’s Touch and Beach Club Dinner Sealed PacWest Rescue: PacWest Bancorp had borrowed its way into a corner. A smaller rival smelled an opportunity ...
bloomberg.com/news/articles/2023-07-27/jamie-dimon-s-touch-and-beach-club-dinner-sealed-pacwest-rescue
Jamie Dimon’s Touch and Beach Club Dinner Sealed PacWest Rescue: PacWest Bancorp had borrowed its way into a corner. A smaller rival smelled an opportunity ...
bloomberg.com/news/articles/2023-07-27/jamie-dimon-s-touch-and-beach-club-dinner-sealed-pacwest-rescue
PacWest’s (PACW) Rescue May Spell End to Bank's Top Spot on Savings Rates: PacWest Bancorp attracted unwanted attention this year after deposit outflows ...
bloomberg.com/news/articles/2023-07-27/pacwest-s-rescue-may-spell-end-to-its-top-spot-on-savings-rates
Banking crisis: Banc of California and PacWest Bancorp to merge: PacWest shares surged 31.3% while Banc of California shares jumped 8.4% in after-hours trade ...
businessinsider.com/us-banking-crisis-banc-of-california-pacwest-bancorp-merger-2023-7
Paid articlePaid PacWest Sells Loans to Ares as Private-Credit Firms Circle Banks: PacWest Bancorp sold a $3.5 billion asset-backed loan portfolio to Ares Management Corp. ...
bloomberg.com/news/articles/2023-06-26/pacwest-sells-3-5-billion-asset-backed-loan-portfolio-to-ares
Quick Glance: Ares Acquires PacWest's $3.5B Loan Portfolio
- PacWest has sold its real estate lending unit and a significant portion of its real estate loans.
- PacWest received $2.01B from the sale of the first part of its lender finance loan portfolio.
- PacWest's lender finance arm provided loans to small business lenders, commercial real estate lenders, and consumer lenders.
- Private equity firms and other asset managers are taking advantage of the situation as banks rush to sell.
Regional bank yields have fallen but plenty are still paying more than 4%: Dividend yields on banks have come down as shares have recovered, but these names are ...
cnbc.com/2023/07/21/regional-bank-yields-are-down-but-lots-still-pay-more-than-10-year-note.html
Paid articlePaid Wall Street analysts think these 5 bank stocks will do well in the second half: This quintet of bank stocks may be poised for a strong second half of the year.
cnbc.com/2023/07/02/wall-street-analysts-think-5-bank-stocks-will-gain-in-the-second-half.html
Paid articlePaid
US bank shares rise on inflation data, positive Wells Fargo comments: Shares of U.S. banks rose on Tuesday after a smaller-than-expected rise in inflation data ...
reuters.com/business/finance/us-bank-shares-rise-after-inflation-data-2023-06-13/
PacWest Bosses Were Trying to Start Over. Then SVB Failed: Even before a series of failures rattled regional banks across the US this year ...
bloomberg.com/news/articles/2023-05-26/how-pacwest-tried-to-save-itself-before-svb-collapse
PacWest sells real-estate lending unit to Roc360: PacWest Bancorp (PACW.O) has sold its property lending division to real estate financing firm Roc360 for an ...
reuters.com/business/finance/pacwest-sells-real-estate-lending-unit-roc360-wsj-2023-05-24/
PacWest Begins Sale of $5.7 Billion Loan Portfolio to Kennedy Wilson: PacWest Bancorp has completed the first part of the sale of a $5.7 billion loan portfolio ...
bloomberg.com/news/articles/2023-06-09/pacwest-begins-sale-of-5-7-billion-portfolio-to-kennedy-wilson
Banks pare back retention pay for executives after pandemic-era spree: During last year's proxy season, 14 large and midsize banks reported granting special ...
americanbanker.com/news/banks-pare-back-retention-pay-for-executives-after-pandemic-era-spree
Paid articlePaid
US bank PacWest to sell $2.6bn of loans as it slims down to core business: Property investment group Kennedy Wilson to snap up lender’s portfolio
ft.com/content/9e8e09c8-22f0-4bab-9342-7a69a0bf7716
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Here Are The 12 Small Stocks Everyone Suddenly Wants To Buy: Huge S&P 500 stocks dominated all year. But suddenly this month, investors are looking at scooping ...
investors.com/etfs-and-funds/sectors/sp500-these-are-the-small-stocks-everyone-suddenly-wants-to-own/
PacWest shares slip as debt ceiling concerns overshadow asset sale optimism: Shares of U.S. regional lender PacWest Bancorp (PACW.O) fell nearly 2% on Wednesday ...
reuters.com/business/finance/pacwest-shares-extend-recovery-sale-real-estate-lending-unit-2023-05-24/
PacWest shares pare gains after dividend cut fails to stem market fears: PacWest Bancorp (PACW.O) shares pared early gains on Monday, dragging down other U.S ...
reuters.com/business/finance/us-regional-banks-shares-climb-after-tumultuous-week-2023-05-08/
Smaller Banks Are Scrambling as Share Prices Plunge: Investors are not convinced that regional banks including PacWest and Western Alliance can remain viable ...
nytimes.com/2023/05/04/business/regional-banks-stock-price-pacwest.html
US regional bank stocks fall after Yellen says more bank mergers necessary: Shares of U.S. regional lenders fell on Friday after CNN reported that U.S ...
reuters.com/business/finance/us-regional-bank-stocks-fall-after-yellen-says-more-bank-mergers-necessary-2023-05-19/
'Big Short' Investor Isn't Shorting Bank Stocks, He's Buying Them By The Heap - Alibaba Group Holding (NY
benzinga.com/news/large-cap/23/05/32402689/big-short-investor-isnt-shorting-bank-stocks-hes-buying-them-by-the-heap
One half of the country is experiencing the banking turmoil of 2023 quite differently than the other half.
Three of the four banks that collapsed so ... Show more https://yhoo.it/428Mq0t
PacWest gains ground in choppy trading for U.S. regional banks: PacWest Bancorp shares (PACW.O) regained earlier session losses on Tuesday as investor ...
reuters.com/markets/us/pacwest-western-alliance-lead-slide-regional-bank-stocks-2023-05-09/
PacWest Bosses Were Trying to Start Over. Then SVB Failed: Even before a series of failures rattled regional banks across the US this year ...
bloomberg.com/news/articles/2023-05-26/how-pacwest-tried-to-save-itself-before-svb-collapse
Quick Glance: PacWest's Attempt to Rescue Itself Before SVB Collapse
- PacWest bosses were attempting a fresh start.
- Even before a series of failures rattled regional banks across the US this year, it was clear that sweeping changes were needed.
- PacWest Bancorp had been on a deal spree, investing in everything from small community banks to a business catering to homeowners associations, to one of the largest lenders in the security-systems industry, and more.
PacWest shares plunge after it reports drop in deposits: Shares of PacWest Bancorp (PACW.O) plunged 23% on Thursday after the Los-Angeles-based lender said its ...
reuters.com/business/finance/pacwest-says-has-15-bln-immediately-available-liquidity-2023-05-11/
Tech Stocks Are Hot But Cash Is Cool: With the ability to earn north of 5% on your cash, it’s time to rethink your safest investments.
wsj.com/articles/cash-investment-options-short-term-cds-dc49c54d
PacWest shares plummet after bank says it lost 9% of deposits last week: The sharp decline of PacWest stock prompted a pause in trading of its shares.
abcnews.go.com/Business/pacwest-shares-plummet-after-bank-lost-9-deposits/story
Europe’s Banks Say They’re Back. So Why Doesn’t Anyone Buy Their Shares?: PacWest Bancorp lost $1 billion in one quarter, saw its stock drop 89% in two months ...
bloomberg.com/news/articles/2023-05-25/europe-s-banks-say-they-re-back-so-why-doesn-t-anyone-buy-their-shares
PacWest, Western Alliance help regional bank stocks notch gains: U.S. regional bank stocks edged higher on Thursday, rallying from earlier session losses ...
reuters.com/business/finance/pacwest-western-alliance-lead-rebound-us-regional-lenders-2023-05-18/
US regional bank shares rally after Western Alliance reports deposit growth: Shares of U.S. regional lenders jumped on Wednesday on growing investor confidence ...
reuters.com/business/finance/us-regional-bank-shares-jump-western-alliance-deposits-growth-2023-05-17/
CNBC Daily Open: A debt ceiling deal won’t solve everything: The only story to be made of yesterday’s market moves is that, well, there wasn’t one ...
cnbc.com/2023/05/24/stock-markets-a-debt-ceiling-deal-wont-solve-everything.html
US regional bank shares bounce as debt ceiling overshadows crisis: Shares of U.S. regional lenders rose on Monday, led by a rebound in PacWest Bancorp (PACW.O) ...
reuters.com/markets/us/us-regional-banks-rise-attempt-shake-off-crisis-confidence-2023-05-15/
U.S. regional bank stocks creep higher in skittish trading: Shares of major U.S. regional lenders edged higher on Friday, reversing early losses in skittish ...
reuters.com/business/finance/us-regional-bank-shares-look-recover-bruising-selloff-2023-05-12/
PacWest shares extend gains on $2.6 bln real estate loan sale: PacWest Bancorp's (PACW.O) shares rose nearly 13%, extending gains from the previous session ...
reuters.com/business/finance/pacwest-bancorps-plan-sell-26-bln-real-estate-loans-calms-investors-2023-05-23/
PacWest to Sell $2.6 Billion Real Estate Loans at Discount: PacWest Bancorp, one of the US lenders engulfed in the regional banking turmoil, agreed to sell a $2 ...
bloomberg.com/news/articles/2023-05-22/pacwest-to-sell-2-6-billion-of-real-estate-loans-at-discount
Wall Street ends near flat ahead of inflation data: U.S. stocks paused on Monday after a strong rally in the prior session as investors shift focus to a key ...
reuters.com/markets/us/futures-muted-key-inflation-data-tap-2023-05-08/
PacWest Bank Had a Rough Week. What Spooked the Stock.: Regional bank stocks took a dive this week over ongoing concerns about their stability ...
barrons.com/visual-stories/bank-stocks-pacwest-td-bank-first-horizon-comerica-c2978b19
PacWest is weighing strategic options, including possible sale - Bloomberg News: PacWest Bancorp (PACW.O) has been weighing a range of strategic options ...
reuters.com/markets/deals/pacwest-is-weighing-strategic-options-including-possible-sale-bloomberg-news-2023-05-03/
PacWest shares pared early gains after the bank announced it would sharply cut its quarterly dividend to shore up its finances ... Show more reut.rs/41b93kg
Dow, S&P 500 fall with Disney; PacWest leads regional banks lower: The Dow and the S&P 500 ended lower on Thursday, dragged down by Walt Disney Co (DIS ...
reuters.com/markets/us/futures-edge-higher-inflation-cheer-disney-slides-2023-05-11/
'Big Short' investor Burry bet on regional banks in first quarter: Hedge fund manager Michael Burry, who rose to fame with his bets against the U.S ...
reuters.com/business/finance/big-short-investor-burry-bet-regional-banks-first-quarter-2023-05-15/
PacWest, Western Alliance Lead Regional Bank Stock Rout: PacWest Bancorp and Western Alliance Bancorp led the big selloff in regional lenders Tuesday ...
bloomberg.com/news/articles/2023-05-02/pacwest-western-alliance-lead-regional-bank-stock-rout
The banking crisis isn’t over. But how bad will it get?: NEW YORK (AP) — Uncertainty continues to pummel the banking industry, despite assurances from financial ...
apnews.com/article/pacwest-deposits-fed-regional-banks-e08b80e8f9f321c881a8b946172b1cdb
As we kick off the week, the following investments are stocks to watch based on earnings, market sentiment, financial sector volatility, politics and more ... Show more nytv.to/xGppQ
PacWest Stock Falls 55% in After-Hours Trading: The regional firm has been among the most volatile bank stock since the failure of Silicon Valley Bank triggered ...
barrons.com/articles/pacwest-bank-stock-price-news-353a60af
Paid articlePaid PacWest Deposits Dropped 9.5% After Report of Investor Talks: PacWest Bancorp said deposits fell 9.5% last week after a news report that the lender was in talks ...
bloomberg.com/news/articles/2023-05-11/pacwest-deposits-dropped-9-5-after-report-of-investor-talks
PacWest Stock Decline Indicates Bank Fears Persist: Some investors are worried about more potential failures unless policy makers act to clarify the limits of ...
wsj.com/articles/pacwest-stock-decline-indicates-bank-fears-persist-4569556b
PacWest is exploring strategic options including a sale or capital raising, a source said, sending the shares of the bank and several other US regional lenders ... Show more reut.rs/411EZrm
Stocks making the biggest moves after hours: PacWest, SolarEdge, Etsy, Qualcomm and more
cnbc.com/2023/05/03/stocks-moving-big-after-hours-pacw-sedg-etsy-qcom.html
Western Alliance Bancorp denies report of bank exploring sale: Western Alliance Bancorp (WAL.N) on Thursday denied a report that said it was exploring a ...
reuters.com/business/finance/western-alliance-latest-us-bank-explore-sale-ft-2023-05-04/
Wall Street ends down as PacWest fuels fears of deeper bank crisis: Wall Street ended lower on Thursday after PacWest's move to explore strategic options ...
reuters.com/markets/us/futures-waver-pacwest-slide-offsets-fed-pause-optimism-2023-05-04/
PacWest Leads Rally in Regional Banks After Slashing Dividend: PacWest Bancorp rose as much as 16% in premarket trading Monday, extending Friday’s brisk rebound ...
bloomberg.com/news/articles/2023-05-08/pacwest-leads-rally-in-regional-banks-after-slashing-dividend
Stocks making the biggest moves premarket: PacWest, Disney, Robinhood and more : These are the stocks posting the largest moves before the bell.
cnbc.com/2023/05/11/stocks-making-the-biggest-moves-premarket-pacwest-disney-robinhood-and-more-.html
PacWest Stock Tumbles Again. What's Behind the Latest Drop. : The Beverly Hills-based bank said the majority of the 9.5% deposit decline occurred on May 4 and ...
barrons.com/articles/pacwest-stock-price-bank-turmoil-405b60d4
Paid articlePaid PacWest gains ground in choppy trading for U.S. regional banks: PacWest Bancorp shares (PACW.O) regained earlier session losses on Tuesday as investor ...
reuters.com/markets/us/pacwest-western-alliance-lead-slide-regional-bank-stocks-2023-05-09/
Bank Collapses Are Shaking Up the Industry. What’s Ahead as the Dust Settles. : Lenders face steep economic hurdles and stiffer regulations. How to invest as the ...
barrons.com/articles/reshaping-bank-industry-stocks-invest-jpmorgan-chase-pacwest-3edf56fd
Paid articlePaid PacWest is weighing strategic options, including possible sale - Bloomberg News: PacWest Bancorp (PACW.O) has been weighing a range of strategic options ...
reuters.com/markets/deals/pacwest-is-weighing-strategic-options-including-possible-sale-bloomberg-news-2023-05-03/
Short sellers reap $378.9 million from losses in PacWest, two other bank stocks, Ortex says
reuters.com/business/finance/short-sellers-reap-3789-mln-losses-pacwest-two-other-bank-stocks-ortex-2023-05-04/
Stocks making the biggest moves premarket: First Republic, JPMorgan Chase, SoFi Technologies & more
cnbc.com/2023/05/01/stocks-making-the-biggest-moves-premarket-frc-jpm-sofi-more.html
Bill Ackman Warns No Regional Bank Can Survive Current Crisis - PacWest Banc (NASDAQ:PACW), Invesco KBW B
benzinga.com/analyst-ratings/analyst-color/23/05/32205292/bill-ackman-warns-no-regional-bank-can-survive-current-crisis-running-out-of-time-t
PacWest shares surge 19% on $2.6 billion real-estate loan sale: The Beverly Hills-based lender agreed to sell a bunch of its real-estate loans to Kennedy-Wilson ...
markets.businessinsider.com/news/stocks/pacwest-shares-jump-real-estate-loans-sale-2023-5
Bank Stocks Look Worse Than Banks Do: Also name confusion, Coinbase vs. SEC, and US vs. South Korea vs. Do Kwon.
bloomberg.com/opinion/articles/2023-05-05/bank-stocks-look-worse-than-banks-do
The crisis that led to the downfall of three regional U.S. banks in recent weeks is largely over after the resolution of First Republic ... Show more cnb.cx/3ngYZIy
Quick Glance: First Republic Bank Receives Bids from JPMorgan and PNC
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- JPMorgan and PNC are two of the banks bidding for First Republic.
Slide in HDFC, HDFC Bank erases weekly gains for Indian shares: Indian shares declined on Friday and erased weekly gains amid weakness in financials stocks due ...
reuters.com/markets/asia/hdfc-twins-drag-indian-shares-lower-amid-weak-global-cues-2023-05-05/
PacWest stock jumps 80% as regional banks rebound on Friday, but still down sharply for the week
cnbc.com/2023/05/05/regional-bank-stocks-rebound-on-friday-but-still-headed-for-steep-losses-on-the-week.html
‘Big Short’ Michael Burry bought shares in a slew of regional banks last quarter amid banking crisis
cnbc.com/2023/05/15/big-short-michael-burry-bought-a-slew-of-regional-banks-last-quarter-amid-banking-crisis.html
Paid articlePaid Regional banks rebound for a second day as PacWest cuts dividend, says business 'fundamentally sound'
cnbc.com/2023/05/08/regional-banks-rebound-for-a-second-day-as-pacwest-cuts-dividend-says-business-fundamentally-sound.html
Bank Stocks Shoot Higher as Investors Rethink Economic Outlook: PacWest and Western Alliance, the banks at the center of the latest phase of the crisis ...
nytimes.com/2023/05/05/business/bank-stocks-rebound.html
PacWest, Western Alliance shares tumble as US regional bank fears persist: Shares of U.S. regional banks PacWest Bancorp (PACW.O) and Western Alliance Bank (WAL ...
reuters.com/business/finance/us-regional-bank-stocks-fall-second-day-first-republic-failure-weighs-2023-05-02/
US Regional Banks Slump as Rout Deepens on First Republic Flop: Regional US banking stocks headed for yet another day of heavy losses after the failure of ...
bloomberg.com/news/articles/2023-05-03/us-regional-banks-come-under-pressure-as-rebound-remains-elusive
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