![Banc of California set to merge with rival PacWest](/i/c/717de778-77a0-13dc-0842-e8f18c75e027.webp)
Banc of California set to merge with rival PacWest
PacWest Bancorp is set to merge with Banc of California in a $400 million equity deal, according to a joint announcement the banks released Tuesday afternoon, ahead of their second-quarter earnings results.
2023-07-26 04:54
![PacWest merges with Banc of California in all-stock deal](/i/c/322a5af7-049f-0715-4e3c-7f4592ca1cc6.webp)
PacWest merges with Banc of California in all-stock deal
Banc of California and PacWest Bancorp on Tuesday announced an all-stock merger with a $400 million equity raise
2023-07-26 04:27
![Banc of California in talks to buy PacWest Bancorp - WSJ](/i/c/b2f94d13-8ddf-cfd3-c96f-5f6ae63cde5a.webp)
Banc of California in talks to buy PacWest Bancorp - WSJ
Banc of California is in advanced talks to buy PacWest Bancorp, the Wall Street Journal reported on Tuesday,
2023-07-26 02:51
![Ares acquires $3.5 billion loan portfolio from PacWest](/i/c/cd1e0392-077a-f880-92af-25839e9e952f.webp)
Ares acquires $3.5 billion loan portfolio from PacWest
Private-equity firm Ares Management said on Monday it had acquired a $3.5 billion specialty finance loan portfolio from
2023-06-26 18:58
![PacWest shares slip as debt ceiling fears cloud asset sale optimism](/i/c/4709774c-800c-e743-4074-fd2afa7ebef0.webp)
PacWest shares slip as debt ceiling fears cloud asset sale optimism
(Reuters) -Shares of PacWest Bancorp fell nearly 3% on Wednesday, reversing course from premarket, as debt ceiling talks impasse overshadowed
2023-05-24 22:51
![PacWest sells real-estate lending unit to Roc360 - WSJ](/i/c/0ed5359a-1f50-d159-6dec-bbd16dfbfec2.webp)
PacWest sells real-estate lending unit to Roc360 - WSJ
PacWest Bancorp has struck a deal to sell its real-estate lending arm to Roc360 for an undisclosed price,
2023-05-24 08:18
![PacWest Bancorp's plan to sell $2.6 billion real estate loans calms investors](/i/c/1baadacb-d5b2-75cb-f55a-98fec7bc3d58.webp)
PacWest Bancorp's plan to sell $2.6 billion real estate loans calms investors
By Niket Nishant (Reuters) -PacWest Bancorp's shares rose nearly 18%, extending gains from the previous session after the lender's plan
2023-05-23 22:24
![PacWest Bancorp to sell real estate loans to Kennedy-Wilson subsidiary](/i/c/a3fd064f-eb2b-8548-87b1-e4c7e9bffac0.webp)
PacWest Bancorp to sell real estate loans to Kennedy-Wilson subsidiary
Regional lender PacWest Bancorp said on Monday it entered into an agreement to sell a portfolio of 74
2023-05-22 18:20
![PacWest shares plunge after it reports drop in deposits](/i/c/eeb2517d-570d-6564-1e32-a647ac5013eb.webp)
PacWest shares plunge after it reports drop in deposits
By Niket Nishant and Chibuike Oguh (Reuters) -Shares of PacWest Bancorp plunged 23% on Thursday after the Los-Angeles-based lender said
2023-05-12 04:54
![PacWest Bank shares fall 30% as crisis prompts customers to yank deposits](/i/c/e3ed73a8-ebbd-0587-61e1-bfa2ae071842.webp)
PacWest Bank shares fall 30% as crisis prompts customers to yank deposits
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.
2023-05-11 21:56