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List of All Articles with Tag 'pacw'

PacWest Sells $3.5 Billion Asset-Backed Loan Pool to Ares
PacWest Sells $3.5 Billion Asset-Backed Loan Pool to Ares
PacWest Bancorp sold a $3.5 billion asset-backed loan portfolio to Ares Management Corp., offloading more assets to boost
2023-06-26 20:28
Ares acquires $3.5 billion loan portfolio from PacWest
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 18:52
There’s More Trouble Coming for Regional Banks 
There’s More Trouble Coming for Regional Banks 
The stock market is growing more sanguine about US regional banks, but the lenders still face serious pressure.
2023-06-11 04:28
Regional Banks Flash Signs of Life in Fourth Weekly Gain
Regional Banks Flash Signs of Life in Fourth Weekly Gain
A stock market sector that investors furiously bailed out of just months ago is slowly making a comeback.
2023-06-10 04:57
PacWest Executives Were Trying to Start Over. Then SVB Failed
PacWest Executives Were Trying to Start Over. Then SVB Failed
Even before a series of failures rattled regional banks across the US this year, one knew it needed
2023-05-26 20:21
Europe’s Banks Say They’re Back. So Why Doesn’t Anyone Buy Their Shares?
Europe’s Banks Say They’re Back. So Why Doesn’t Anyone Buy Their Shares?
PacWest Bancorp lost $1 billion in one quarter, saw its stock drop 89% in two months, and has
2023-05-25 17:17
PacWest shares slip as debt ceiling fears cloud asset sale optimism
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 22:53
PacWest sells real-estate lending unit to Roc360 - WSJ
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 08:16
PacWest Bancorp's plan to sell $2.6 billion real estate loans calms investors
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 22:18
Regional Banks Rallied Last Week. Traders Continued to Short the Sector
Regional Banks Rallied Last Week. Traders Continued to Short the Sector
Short sellers increased bets against regional banks last week even as the sector notched one of its best
2023-05-23 03:00
PacWest Bancorp to sell real estate loans to Kennedy-Wilson unit
PacWest Bancorp to sell real estate loans to Kennedy-Wilson unit
(Reuters) -Regional lender PacWest Bancorp said on Monday it had agreed to sell a portfolio of 74 real estate construction
2023-05-22 19:55
Short Sellers Up Regional Bank Bets Even as Lender Concerns Ease
Short Sellers Up Regional Bank Bets Even as Lender Concerns Ease
Bets against regional banks continue to pile on even as the sector recovers from the turmoil that shook
2023-05-18 02:45
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