PacWest

PacWest (PACW) has announced the sale of $3.5 billion in loans to alternative investment manager Ares Management, providing another boost for a regional bank that was battered during industry chaos earlier this year.The deal, the latest of…

There are several options available to PacWest Bancorp that can help the company weather the current stock depreciation. Backwest Bancorp (NASDAQ:PACW), a California-based regional bank, sees its shares drop 23%, days after reports 9.5%…

The Dow Jones Industrial Average fell more than 300 points Thursday after headline inflation data, led by the Labor Department's producer price index, and initial weekly jobless claims. while, Walt Disney (dis) fell back on weak…

Backwest Bancorp. (PACW) - Get a free reportIt extended its latest rally on Monday, sending a host of regional bank stocks higher, after the troubled Los Angeles-based lender slashed its quarterly dividend in order to conserve liquidity and…

PacWest Bancorp led a rebound across US regional banking stocks after a week of losses, amid signs some of the selling has been overdone. PacWest shares rose as much as 96% in US trading Friday, their biggest intraday gain ever, amid…

Dow futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures. apple (AAPL) Top earnings, as Friday's jobs report approaches. X The stock market rally faces further selling as fears of bank contagion mount.…

"The bank did not see unusual inflows of deposits following the sale of First Republic Bank and other news," Baquist said.Backwest Bancorp (PACW) - Get a free reportShares collapsed on Thursday after the Los Angeles-based bank said it was…

Backwest Banking Crisis Fears - Morgan Lieberman/BloombergPacWest shares fell as much as 60 percent in after-hours trading in New York amid talks to bail out the US regional bank.The bank has instructed boutique investment banker Piper…

Backwest said potential partners and investors have reached out to her and she has been reviewing strategic options as the California swing lender becomes the latest midsize US bank to seek a financial lifeline amid the worst…