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
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
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
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
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?
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
(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 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
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
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
(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
Bets against regional banks continue to pile on even as the sector recovers from the turmoil that shook
2023-05-18 02:45