(Reuters) – Banc of California and PacWest Bancorp on Tuesday announced an all-stock merger with a $400 million equity raise from Warburg Pincus and Centerbridge Partners. (Reporting by Niket Nishant …
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Business News
Short sellers reap $378.9 million from losses in PacWest, two other bank stocks – Ortex
by Reutersby Reuters(Reuters) – Short sellers made $378.9 million in paper profits betting against regional banks First Horizon Corp, PacWest Bancorp and Western Alliance Bancorp in Thursday’s session, analytics firm Ortex said. …
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Business News
PacWest is weighing strategic options, including possible sale – Bloomberg News
by Reutersby Reuters(Reuters) – PacWest Bancorp has been weighing a range of strategic options, including a sale, Bloomberg News reported on Wednesday, citing people familiar with the matter. (Reporting by Jahnavi Nidumolu …
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Business News
Exclusive-California bank PacWest Corp in talks to get liquidity boost -sources
by Reutersby ReutersBy Anirban Sen and David French NEW YORK (Reuters) -PacWest Corp is in talks about a liquidity boost with Atlas SP Partners and other investment firms, people familiar with the …