WAL News and Press, Western Alliance Bancorporation From 05/04/23

2023-05-04 09:05:16 ET With the news that PacWest Bancorp ( PACW ) is considering strategic options including a sale, Western Alliance Bancorporation ( NYSE: WAL ) has issued an update on its deposits and financial strength. The Phoenix, Arizona-based bank said it has no...

2023-05-04 08:55:15 ET Enviva EVA -50% after Q1 earning release . First Horizon Corporation FHN -43% after merger with TD Bank ends. Sensus Healthcare SRTS -42% after Q1 earning release . PacWest Bancorp PACW -41% on confirming sale talks follow...

Western Alliance Bancorporation (“Western Alliance” or the “Bank”) (NYSE: WAL), the holding company for Western Alliance Bank, today issued the following update reaffirming its financial strength as well as its deposit growth guidance in response to recent industry eve...

Stocks rose slightly Wednesday as investors looked ahead to the Federal Reserve's latest policy decision. The Dow Jones Industrials inched higher 2.03 points, or 1.1%, to 33,686.56. The S&P 500 gained 6.56 points to 4,126.27. The NASDAQ Composite held firm 44.57 points to 12,125.0...

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 13:54:00 ET The stock market has been nervous about the condition of the financial sector for a while now, and concerns mounted once again on Tuesday. Major market indexes were down between 1% and 2% at midday as investors wondered if the latest bank failure would prove to be the...

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...

2023-05-02 13:24:59 ET What’s happening in the stock market today? While we’ll discuss a few penny stocks to watch, the main focus is on renewed banking crisis fears. Earlier this week, JPMorgan announced taking over the 3rd failed US bank, First Republic ( FRC Stock Report ...

2023-05-02 12:02:11 ET Gainers: Tian Ruixiang Holdings ( TIRX ) +107% . Leju Holdings ( LEJU ) +55% . AGBA Group Holding ( AGBA ) +31% . CleanSpark ( CLSK ) +8% . Riot Platforms ( RIOT ) +8% . Losers: Sentage Hold...

2023-05-02 11:58:09 ET Regional banks stocks resumed their decline as investors digested the details of JPMorgan Chase's ( JPM ) acquisition of First Republic Bank ( FRC ) in a government-brokered deal that provided the Wall Street giant with a loss-sharing agreement. The KB...