PACW News and Press, PacWest Bancorp From 10/19/23

Banc of California, Inc. (“Banc of California”) (NYSE: BANC) and PacWest Bancorp (“PacWest”) (Nasdaq: PACW) today announced that the Board of Governors of the Federal Reserve System granted its approval of the previously announced combination of Banc of California and ...

Banc of California, N.A. (“Banc of California”), a wholly-owned subsidiary of Banc of California, Inc. (NYSE: BANC) and Rise Economy announced today a $4.1 billion, three-year Community Benefits Plan (the “Plan”). Banc of California and Rise Economy (formerly the Calif...

NEW YORK, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP: Do you, or did you, own shares of PacWest Bancorp (NASDAQ: PACW)? Did you purchase your shares between February 28, 2022 and May 3, 2023, inclusive? Did you lose money in your investment in PacWe...

2023-09-19 04:57:08 ET Summary PacWest Bancorp's merger with Banc of California is expected to benefit shareholders and provide cost optimization and synergies. The merger will create a combined bank with $36.1 billion in assets. PACW's current market price offers a margin of safe...

NEW YORK, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Central District of California on behalf of all persons or entities who purchased or otherwise acquired PacWest Ba...

2023-09-11 16:33:53 ET Summary PacWest's preferreds currently offer a 9.6% yield on cost. They're also still trading at a discount, this sits at around 20% or 80 cents on the dollar. The merger with Banc of California has materially derisked their investment profile. Pac...

2023-09-06 14:48:14 ET PacWest Bancorp (NASDAQ: PACW) saw its stock price fall 14.6% in August, according to data provided by S&P Global Market Intelligence . The bank stock is currently trading at about $7.80 per share and is down roughly 65% year to date. The major mar...

NEW YORK, NY / ACCESSWIRE / August 25, 2023 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: American Equity Investment Life Hol...

2023-08-22 12:00:39 ET More on U.S. Banks A Rising Interest Rate Freight Train Is Coming For The Economy KBE: Rising Interest Rates May Lead To Resumption Of Downside KRE: The Fed Wants Large Banks To Consume Smaller Ones KeyCorp: Is The Juicy 7% Dividend Saf...

NEW YORK, NY / ACCESSWIRE / August 20, 2023 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: New Relic, Inc. (NYSE:NEWR)'s sal...