English
Français
Deutsch
Italiano
Português
Русский
Español
ไทย
Türkçe
简体中文
日本語
한국어
हिन्दी
Topline
PacWest Bancorp.’s share price plummeted more than 50% in after-hours trading Wednesday after Bloomberg reported the bank is considering a sale, following the collapse of several other regional banks squeezed in response to the Federal Reserve’s increasingly controversial rate hike push.
Key Facts
Internal discussions have taken place at the Beverly Hills-based firm about a potential sale, but no decisions have been made, according to Bloomberg.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased
