PacWest Bancorp’s stock jumped more than 38% in after-hours trading Tuesday after the company said it had agreed to be acquired by Banc of California Inc. in an…
Read more PacWest stock rockets nearly 40% after Banc of California confirms plan to buy troubled bank“‘It’s not like a credit crunch.’” — Jamie Dimon While it will be more expensive for banks to deploy capital this year, talk of a possible credit crunch…
Read more Jamie Dimon discourages use of term credit crunch on call with analystsBank of America BAC, Citigroup C, JPMorgan Chase JPM and Wells Fargo WFC said Thursday that they are each making $5 billion in uninsured deposits into First Republic…
Read more First Republic gets $30 billion in deposits from 11 major U.S. banks, but stock resumes slide as it suspends dividendU.S. bank stocks ended regular trading with solid gains on Thursday, as banks announced a $30 billion deposit capital infusion for First Republic Bank and as Treasury Secretary…
Read more U.S. bank stocks end with solid gains as 11 banks pledge $30 billon to First RepublicShares of regional banks posted big gains on Tuesday as they regained their footing after huge losses in the previous session, but volatility continued in the sector following…
Read more First Republic and Western Alliance pace big rebound in regional-bank stocks after huge losses
