The SPDR S&P Regional Banking ETF moves up by nearly 4% after PacWest agrees to be acquired by Banc of California.
Regional-bank stocks rose Wednesday as hard-hit PacWest Bancorp agreed to be acquired by Banc of California in a sign that the hangover from bank failures earlier this year may be receding.
The... Regional-bank stocks rose Wednesday as hard-hit PacWest Bancorp agreed to be acquired by Banc of California in a sign that the hangover from bank failures earlier this year may be receding. The SPDR S&P Regional Banking exchange-traded fund KRE moved up by 3.8%, with 136 of 139 equity components moving into positive territory.
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PacWest stock rockets nearly 40% after Banc of California confirms plan to buy troubled bankPacWest Bancorp’s stock soared in after-hours trading Tuesday after the company said it had agreed to be acquired by Banc of California Inc. in an all-stock merger backed by two private-equity firms
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PacWest stock flash crash recovers after rescue merger with Banc of CaliUS banking crisis fears arose again as PacWest stock flash crashed before it was rescued in a merger deal with the Banc of California.
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PacWest stock soars on $1.1 bln buyout deal with Banc of CaliforniaPacWest Bancorp's shares rose nearly 38% in premarket trading on Wednesday, a day after smaller rival Banc of California agreed to buy the lender for $1.1 billion in an all-stock deal.
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PacWest merges with Banc of California in all-stock deal By Reuters⚠️BREAKING: *BANC OF CALIFORNIA AGREES TO BUY PACWEST BANCORP IN ALL-STOCK MERGER $PACW $BANC
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Banc of California in talks to buy PacWest: WSJBanc of California Inc. shares rose as PacWest Bancorp.’s fell Tuesday following a report that the former was in talks to buy the latter. Banc of California...
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WSJ News Exclusive | Banc of California, PacWest in Advanced Talks to CombineBreaking: Banc of California is in advanced talks to buy PacWest, in a move by lenders to shore themselves up in the wake of the regional-banking crisis
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