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The Latest Breaking News from PacWest

PacWest And Banc Of California Agree To All-Stock Merger

Analysts weigh in on the transformative bank merger and shareholder response.

Zenger

Banc Of California And PacWest Shares Volatile On Merger Announcement

BANC and PACW stocks react after companies sign definitive agreement for all-stock merger

Zenger

PACW Stock Rallies After PacWest Earnings, Buyout Deal; Banc Of California Leaps

Banc of California will combine with PacWest Bancorp, the banks announced Tuesday. PACW stock, BANC rallied after earnings late Tuesday.

Investors Business Daily

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Stocks Lower, Fed Minutes In Focus, Debt Ceiling Talks Stall, Nvidia On Deck, PacWest Leaps - 5 Things To Know

Stock futures slip lower as debt ceiling concerns weigh; Fed minutes in focus as markets seek clarity on rate path; Debt talks at impasse as deadline looms, treasury bill yields jump; Nvidia earnings on deck as investors look to AI impact on chipmakers and PacWest shares gain after real estate…

The Street

Yellen Sends a Chilly Message to U.S. Banks

The banking crisis is not over and additional bank consolidations may be needed.

The Street

PacWest and Western Alliance Shares Rebound

Shares of two regional-bank stocks, PacWest and Western Alliance, rose this week. They'd slumped when three U.S. banks collapsed.

The Street

'Big Short' Michael Burry Bets Big on U.S. Banks

First Republic Bank, one of the legendary investor's choices, collapsed, while PacWest Bancorp, another gamble, is experiencing a stock market rout.

The Street

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Banks: 10 Weeks Into The Bank Wreck. Where Do We Stand? Who's At Risk?

Regional banks remain under pressure 10 weeks after the start of the bank crisis. Regulators, JPMorgan's Jamie Dimon aim at short sellers.

Investors Business Daily

Stocks Higher, Tesla Gets Twitter Boost, New Microsoft Headache, Regional Banks Lift, Debt Ceiling Progress - 5 Things To Know

Stock futures higher as inflation risks fade; Tesla shares gain as musk finds new Twitter CEO; Microsoft faces another legal challenge to $69 billion Activision deal; PacWest leads regional banks higher as FDIC unveils new funding and Biden postpones meeting with McCarthy as debt ceiling talks hint progress.

The Street

Markets mixed as traders weigh inflation, China talks and debt ceiling

Hong Kong (AFP) - Markets were mixed Friday as traders weighed a range of issues including US debt ceiling hopes, high-level talks between Washington and Beijing, banking sector uncertainty and more signs of a slowing economy.

AFP

Asian markets struggle as easing inflation fails to boost optimism

Hong Kong (AFP) - Asian markets fluctuated Friday as traders weighed a range of issues including US debt ceiling hopes, high-level talks between Washington and Beijing, banking sector uncertainty and more signs of a slowing economy.

AFP

ASX finishes the week slightly higher after bumpy Friday, while AusSuper unveils $70m issue

Falls across most of the resources sector plus a big drop for QBE weighed down the ASX on Friday, but it made a recovery in time for weekend knock-off drinks. Find out how the day unfolded by reading back our live blog.

ABC News

Dow Jones Futures Rise Amid Divided Market Rally; Tesla Pops On Elon Musk's Twitter News

Dow Jones futures: Google was strong, but the overall market was weak. Tesla popped as Elon Musk said he's found a Twitter CEO. Tesla also raised prices.

Investors Business Daily

Stock Market Today: Disney Earnings Drag on Dow

An unexpected decline in subscribers weighed on Disney stock Thursday, while notable deposit outflows sent PacWest tumbling.

Kiplinger

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The Street

PacWest Stock Tumbles as Depositors Pull $1.8B; Regional-Bank Stocks Slide

'News headlines increased our customers fears of the safety of their deposits,' PacWest said in an SEC filing.

Investors Business Daily

Bank Reports Show Signs Of Stability. But Investors Are Still Nervous.

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

Investors Business Daily

Dow Jones Slides 350 Points After Cool Inflation Data, Rising Jobless Claims; PacWest Plunges 30% On Falling Deposits

The Dow Jones Industrial Average dropped 350 points Thursday on cool inflation data and surging weekly initial jobless claims. PacWest plunged 30% on falling deposits.

Investors Business Daily

Regional Bank Stocks Turn Mixed; PacWest Rises After Dividend Cut

Regional bank stocks continue rebounding early Monday. PacWest Bancorp spiked another 40% after slashing its dividend, rocketing 82% Friday.

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Investors Business Daily

Dow Jones Falls As PacWest Soars On Dividend Cut. Occidental Drops On Warren Buffett Comments.

The Dow Jones fell modestly Monday, as PacWest soared on a dividend cut. Occidental dropped on Warren Buffett's comments.

The Street

PacWest Stock Higher After Slashing Quarterly Dividend, Says Business Is 'Sound'

"Our business remains fundamentally sound," said PacWest CEO Paul Taylor.

The Street

Stocks Higher, Inflation Data On Deck, Buffett Big On Apple, PacWest Rally, Debt Ceiling 'Catastrophe' - 5 Things To Know

Stock futures edge higher as recession concerns fade; Week Ahead: April cpi data, Disney earnings in focus; Apple gets Buffett endorsement after Q2 earnings boost; PacWest extends rally on dividend cut as regional banks recover and Yellen warns on debt ceiling 'catastrophe' amid Biden, GOP standoff.

AFP

Stocks jump as jobs data soothes US recession worries

New York (AFP) - Data showing that the US economy added more than a quarter of a million jobs last month soothed recession worries Friday, bringing a rebound in stocks including for troubled midsized American banks.

The Guardian - US

US employers added 253,000 jobs in April showing jobs market remains robust

April broke downward trend in growth of labor market, which has been slowing over the last few months

Investors Business Daily

19 Banks Grasp For $32.6 Billion Government Lifeline: Report

Investors are making their best guesses at which banks are in the worst shape in the S&P 500 and out. But new data paint a clearer picture of where the pain is.

AFP

Europe stocks rebound from losses before US data

London (AFP) - European stock markets rebounded slightly Friday before key US payrolls data, after the previous session's sharp losses driven by interest rate hikes and banking sector woes.

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