PACW News and Press, PacWest Bancorp From 05/08/23

2023-05-08 00:48:23 ET Summary Thirteen badly beaten-up bank stocks are reviewed and compared to those that were recently taken over. Items reviewed include uninsured deposits, risky activities, unrealized investment losses, capital ratios, ROE, performance in the last recession, ...

2023-05-07 19:00:00 ET Summary With nearly a 40% YTD decline, IAT is now nearing its Covid-19 low, presenting an attractive risk and reward for long-term investors. By hedging IAT with TLT, investors can not only reduce volatility but also earn a yield of 4.2% while waiting for a ...

2023-05-07 09:00:00 ET Summary U.S. equity markets finished lower on a turbulent week after the Federal Reserve continued its historically-aggressive monetary tightening course, sparking renewed turmoil in the regional banking sector. After closing at its highest levels since earl...

2023-05-07 04:51:28 ET Summary The regional banking sector has taken a big hit following the failure of 4 major regional banks. However, uncertainty remains high after First Republic was recently acquired by JPMorgan. The yield curve is currently inverted, and this indicates an im...

2023-05-06 08:48:57 ET Summary I update readers about my PACWP position and view of the recent events. I believe a 2008 statement by the SEC is still very relevant today and why officials should look closely at the ongoing trading activity. I provide my commentary on PacWest's...

2023-05-06 08:48:02 ET Summary This week, the Fed Funds Rate was raised to 5-5.25%. Rates are now in restrictive territory and the Fed has changed their tone. A rate pause is the most likely outcome next month, in our opinion. A picture is worth a thousand words, but a cha...

2023-05-06 08:07:17 ET Listen on the go! A daily podcast of Wall Street Breakfast will be available this morning on Seeking Alpha , iTunes , Stitcher and Spotify . For further details see: Wall Street Breakfast: What Moved Markets

2023-05-06 04:13:38 ET Summary PacWest is said to be exploring strategic options after a massive bank panic caused the bank’s share price to drop 50% on Thursday. The bank panic occurred after First Republic Bank was put into receivership and later sold to JPMorgan Chase. ...

2023-05-05 21:30:00 ET Summary Jay Powell couldn’t say outright that the Fed is done with raising rates, but he performed an exceptionally clear pantomime of saying exactly that during the post-FOMC press conference on Wednesday. Powell did sound reasonably upbeat about the...

2023-05-05 16:15:00 ET The U.S. regional bank fumbles keep happening, with stocks retreating on the back of the latest round of pressure coming, as PacWest Bancorp ( NASDAQ:PACW ) tanked more than 50%. It’s ugly out there for the investors in the regionals. It’s hard t...