List of All Articles with Tag 'pacw'

Ares Management Corp. raised $6.6 billion for its second asset-based credit fund, as it seeks to snap up

It’s a stock picker’s market in the hard-hit world of midsized bank stocks, according to Wells Fargo. Analyst

Michael Burry’s Scion Asset Management exited its stakes in Alibaba Group Holding Ltd. and JD.com Inc. in the

Private equity giant KKR & Co. has purchased a portfolio of prime auto loans from Georgia-based Synovus Financial

Ares Management Corp.’s chief executive officer said the banking crisis could play out for two more years, and

Shares of US regional lenders notched their longest weekly streak of gains since March 2021, bolstered by a

PacWest Bancorp had borrowed its way into a corner. A smaller rival smelled an opportunity. And there was

Bill Gross said he’s selling most of his regional bank holdings, three months after buying stocks including Western

PacWest Bancorp is set to merge with Banc of California in a $400 million equity deal, according to a joint announcement the banks released Tuesday afternoon, ahead of their second-quarter earnings results.

PacWest Bancorp is merging with smaller rival Banc of California as it seeks to navigate a bout of

Banc of California and PacWest Bancorp on Tuesday announced an all-stock merger with a $400 million equity raise

Banc of California is in advanced talks to buy PacWest Bancorp, the Wall Street Journal reported on Tuesday,