News with the tag "Western Alliance Bancorp"

In an industry tossed by turbulence, US regional lenders PacWest Bancorp and Western Alliance Bancorp are inching their way up the stock market ladder. The banking industry has been battered by recent crises, leading to a volatile market. However, early indications show potential rebounds, possibly ...

2023 has been a rollercoaster ride for the U.S. banking industry. The collapse of three major banks has sent shockwaves through the financial world, with their combined assets surpassing the top 25 banks that crumbled in 2008. The following is a closer look at what has triggered a ‘great consolidati...

PacWest Bancorp was the hardest hit bank after-hours on May 3, falling over 50% following a reported plan to explore strategic options.

PacWest Bancorp was the hardest hit bank after-hours on Wednesday, falling over 50% following a reported plan to explore strategic options.