PacWest Bancorp Stock News

PacWest said that recent media reports about the company have spooked some customers. The bank said it lost 9.5% of deposits during the week ending May 5.

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PacWest Bancorp was knocked 25% lower when the US trading session opened on Thursday following news of a significant decline in deposits hitting the regional bank last week. During the week ending on

Yahoo Finance's Julie Hyman reports on the decline of PacWest Bank stock after its update showed a drop in deposit outflows, while Western Alliance had a rise in deposits.

Beverly Hills-based PacWest Bancorp another regional bank whose shares have slumped amid the industry's turmoil said deposits fell 9.5% last week after a news report that the lender was in talks with

The Federal Deposit Insurance Corporation was set Thursday to propose levying a special assessment on big banks with high levels of uninsured deposits to replenish the U.S. deposit insurance fund foll

Shares of PacWest Bancorp fell 30% and were halted for volatility Thursday morning after the regional bank reported that customers had recently drawn down about 9.5% of total deposits.

PacWest (NASDAQ: PACW ) stock is taking a beating on Thursday after the regional bank revealed details on deposits and available funds. PacWest notes that the company saw deposits decrease 9.5% last w

CNBC's Dominic Chu joins 'Squawk Box' to report on the latest news.

PacWest reported deposits stabilized, healthy liquidity for its Q1 miss but investors are still rattled. Blackstone plays bank, insurance matchmaker.

Regional-bank stocks fell in premarket trades on Thursday after PacWest Bancorp PACW disclosed a 9.5% drop in deposits that took place last week. PacWest stock is leading the group into the red, with

PacWest Bancorp PACW dropped 21% in premarket trades on Thursday after the bank said it lost 9.5% of deposits during the week ended May 5 amid market volatility on the heels of First Republic's govern

The Beverly Hills-based bank said the majority of the 9.5% deposit decline occurred on May 4 and May 5 after news reports that PacWest was exploring all of its options and holding talks with potential

Shares of PacWest were already down 40% this month and more than 70% for the year.

Shares of PacWest Bancorp have grown as the latest inflation data revealed a cooling trend in prices across the United States. The positive development in inflation provided a boost to regional banks,