WAL News and Press, Western Alliance Bancorporation From 03/22/23

2023-03-22 10:22:23 ET Summary Western Alliance Bancorporation’s market cap has declined by about half in the last 9 trading days. The community bank attracted a 5.4% investment from hedge fund Citadel at the beginning of the crisis. The Western Alliance Bancorporation ...

2023-03-22 05:25:24 ET Amid focus remaining on talks aimed at shoring up confidence in the troubled midsize lender, First Republic Bank ( NYSE: FRC ) is trading 4.4% higher in premarket trade. Bloomberg cites people close to the matter that Wall Street leaders and U....

2023-03-21 12:07:11 ET Shares of several regional banks rose today as financial institutions struggling in the wake of the Silicon Valley Bank meltdown continued to try and work through their issues. Regulators also made more supportive comments this morning. First Republic 's (NY...

2023-03-20 16:45:37 ET Western Alliance Bancorp (NYSE: WAL) was volatile on Monday as its stock price was up as much as 9.7% in the morning, but it finished the day down 6.8%. The stock was trading at about $29 per share at market close today, down about 50% year to date. Th...

2023-03-20 10:24:47 ET Bank stocks have come under some pressure this month after the second- and third-largest bank failures in history came out of seemingly nowhere and spooked investors. In particular, bank stocks First Republic (NYSE: FRC) , PacWest Bancorp (NASDAQ: PACW) ...

2023-03-20 08:46:36 ET InMed Pharmaceuticals ( INM ) +29% . New York Community Bancorp ( NYCB ) +27% shines with 30% gain on multiple analyst upgrades amid Signature deal. PacWest Bancorp ( PACW ) +20% . ReShape Lifesciences  ( RSLS ) ...

2023-03-20 06:30:39 ET Summary The vast majority of investors do not know or understand how serious the current banking crisis could become. The BTFP program implemented by the US Treasury and Fed is insufficient to address the nature and magnitude of the problems facing the US ba...

2023-03-19 11:48:14 ET Billionaire investor Warren Buffett has been in contact with senior officials in the Biden administration in recent days regarding the regional banking crisis. There have been several conversations between Biden officials and Buffett in the past week, accordin...

Western Alliance Bank, the primary subsidiary of Western Alliance Bancorporation (NYSE: WAL), today issued the following statement reaffirming its financial strength. Western Alliance remains in a strong position, with immediately available liquidity of over $20 billion as of March 16, 2023. ...

2023-03-17 12:00:51 ET Gainers: Oportun Financial ( OPRT ) +17% . HIVE Blockchain Technologies ( HIVE ) +8% . Bit Digital ( BTBT ) +8% . Coinbase Global ( COIN ) +7% . Hut 8 Mining ( HUT ) +7% . Losers: First Repu...