PACWP News and Press, PacWest Bancorp Depositary Shares Each Representing a 1/40th Interest in a Share of 7.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock Series A From 05/07/23

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 ...

2023-05-06 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...

2023-05-05 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 14:04:58 ET Summary Upstart investors saw its stock fall further in April, nearly re-testing December 2022 lows. The market has likely priced in further weakness for its upcoming Q1 earnings, worsened by the headwinds from the recent banking crisis. Could Upstart be...

2023-05-03 20:33:08 ET Summary Shares of PacWest Bancorp came under significant pressure after concerns arose about the company's ability to stay afloat. The picture definitely is riskier than I believed it to be prior to new data coming out, but it is not as bad off as First Repu...

2023-05-03 18:29:53 ET Gainers: ZimVie  ( ZIMV ) +23% . Ramaco Resources ( METC ) +13% . Confluent ( CFLT ) +8% . JFrog  ( FROG ) +8% . SolarEdge Technologies ( SEDG ) +7% . Losers: PacWest Bancorp ( PACW ) ...

2023-05-03 09:17:03 ET Summary PacWest and other regional banks have been lumped into a generic category of institution which is convenient when discussed in the media. The tendency to paint broadly ignores the unique attributes and considerations inherent to each regional institu...

2023-05-03 09:00:00 ET Summary Just when you thought it was safe to get back in the water on the back of JPMorgan acquiring First Republic Bank, regional banks slump further amid fears of financial collapse. Where large banks may not experience the same level of risk as regional b...

2023-05-02 13:52:32 ET Summary One day after the seizure and sale of First Republic, fresh panic is gripping the banking sector, with fears centered on Beverly Hills-based PacWest Bancorp. The timing is curious. The new rout comes after a period of calm and coincides with the Milk...