PacWest Bancorp Stock News

U.S. equities ended mixed on Monday, May 22, 2023 before President Biden and Speaker McCarthy were set to meet to negotiate an end to the debt ceiling stalemate.

PacWest Bancorp sold 74 construction loans valued at $2.6 billion to Kennedy-Wilson Holdings, as it tries to boost its finances.

The company posted an SEC filing Monday showing it had sold off $2.7 billion in real estate construction loans. The move is designed to shore up its community banking business.

Yahoo Finance Live's Rachelle Akuffo checks out shares of PacWest, Western Alliance, and Zions as regional bank stocks are trend higher.

PacWest Bancorp  (NASDAQ:PACW) stock is up 11.3% at $6.38 this afternoon, propping up sector peers today after the bank revealed plans to sell a portfolio containing 74 real estate construction loan

Yahoo Finance Live's Remy Blaire discusses top stock market movers such as Chevron, PacWest and Micron.

PacWest Bancorp, one of the US regional banks that was in trouble earlier this month, steadied itself by striking an agreement to sell a $2.6 billion portfolio of 74 real estate construction loans to

The practice of short selling is highly controversial and under renewed threat from regulators and politicians who are considering a ban on the practice. Short selling is essentially when traders and

PacWest (NASDAQ: PACW ) was able to sell some of its real estate loans, sending PACW stock up nearly 10% in pre-market trading this morning. A portfolio of construction loans worth $2.6 billion was so

The bank and other regional lenders have come under fire from investors over the past few months.

PacWest Bancorp.'s stock PACW, -1.88% jumped 5% premarket Monday, after the bank announced asset sales that will allow it to focus on its core community banking business.

Regional lender PacWest Bancorp said on Monday it entered into an agreement to sell a portfolio of 74 real estate construction loans to a subsidiary of Kennedy-Wilson Holdings Inc.

Yahoo Finance Live's Julie Hyman breaks down the rise in regional bank stocks, Morgan Stanley CEO stepping down within the next year, and the company's stock movement.

KBW President and CEO Tom Michaud discusses the industry implications of the recent bank crisis with Romaine Bostick on "Bloomberg Markets: The Close." Follow Bloomberg for business news & analysis, u

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