US Bank Stocks Post First Monthly Gain Since Regional Tumult
Bank stocks notched their first monthly gain since before the collapse of Silicon Valley Bank in March after
1970-01-01 08:00
PacWest Sells $3.5 Billion Asset-Backed Loan Pool to Ares
PacWest Bancorp sold a $3.5 billion asset-backed loan portfolio to Ares Management Corp., offloading more assets to boost
1970-01-01 08:00
Ares acquires $3.5 billion loan portfolio from PacWest
Private-equity firm Ares Management said on Monday it had acquired a $3.5 billion specialty finance loan portfolio from
1970-01-01 08:00
There’s More Trouble Coming for Regional Banks
The stock market is growing more sanguine about US regional banks, but the lenders still face serious pressure.
1970-01-01 08:00
Regional Banks Flash Signs of Life in Fourth Weekly Gain
A stock market sector that investors furiously bailed out of just months ago is slowly making a comeback.
1970-01-01 08:00
PacWest Executives Were Trying to Start Over. Then SVB Failed
Even before a series of failures rattled regional banks across the US this year, one knew it needed
1970-01-01 08:00
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, and has
1970-01-01 08:00
PacWest shares slip as debt ceiling fears cloud asset sale optimism
(Reuters) -Shares of PacWest Bancorp fell nearly 3% on Wednesday, reversing course from premarket, as debt ceiling talks impasse overshadowed
1970-01-01 08:00
PacWest sells real-estate lending unit to Roc360 - WSJ
PacWest Bancorp has struck a deal to sell its real-estate lending arm to Roc360 for an undisclosed price,
1970-01-01 08:00
PacWest Bancorp's plan to sell $2.6 billion real estate loans calms investors
By Niket Nishant (Reuters) -PacWest Bancorp's shares rose nearly 18%, extending gains from the previous session after the lender's plan
1970-01-01 08:00
Regional Banks Rallied Last Week. Traders Continued to Short the Sector
Short sellers increased bets against regional banks last week even as the sector notched one of its best
1970-01-01 08:00
PacWest Bancorp to sell real estate loans to Kennedy-Wilson subsidiary
Regional lender PacWest Bancorp said on Monday it entered into an agreement to sell a portfolio of 74
1970-01-01 08:00