WAL News and Press, Western Alliance Bancorporation From 05/18/23

2023-05-18 09:40:08 ET Summary Western Alliance Bancorp's shares spiked by 10.2% after management released positive financial data, showing a reduction in uninsured deposits and an increase in insured deposits. The company aims to reduce its borrowings and increase its CET1 capita...

2023-05-18 04:12:29 ET Summary Scion Asset Management, run by famed investor Michael Burry, submitted its 13-F report lately. The investment company heavily bought into battered U.S. regional bank stocks. 13-F disclosures can tell investors where the smart money flows. ...

2023-05-18 01:21:44 ET Summary We dive under the hood of one of the most influential hedge fund managers in the world, analyzing Scion Asset Management's moves based on their first quarter 13F filing. The report highlights that U.S. equity-based assets under management have increa...

2023-05-17 17:15:00 ET It seems the U.S. banking system won't collapse after all...at least for now. An unexpectedly bullish update from a regional lender many thought was at risk of collapsing bolstered bank stocks on Wednesday. Quite a few saw notable, market-beating gains, including ...

2023-05-17 15:30:38 ET Shares of Western Alliance Bancorporation ( NYSE: WAL ) are up 10% on Wednesday after the regional bank said it’s seeing a massive increase in deposits in its current financial quarter. Deposits have increased by over $2.0 billion The Phoenix-he...

2023-05-17 11:01:30 ET Shares of bank stocks are rallying today after Western Alliance Bancorporation (NYSE: WAL) issued a positive update on its deposit trends this morning. Shares of Western Alliance traded more than 10% higher as of 10:20 a.m. ET today. Meanwhile, shares of ...

2023-05-16 18:13:12 ET Summary 13-F filings for Q1 came out earlier this week, offering a wealth of information about what stocks big-name investors are buying and selling. Of all of the 13-Fs, Michael Burry's are consistently among the most interesting. Burry appears to have ...

2023-05-16 17:04:17 ET Western Alliance Bancorporation ( NYSE: WAL ) stock climbed 8.3% in Tuesday after-hours trading after the regional bank said its quarter-to-date deposit growth exeeded $2B as of May 12, adding ~$200K since its May 11 update . The Phoenix-based ...

2023-05-16 13:16:00 ET Summary We have had now, officially, 4 U.S. Bank failures with First Republic, Silicon Valley, Silvergate and Signature Bank. We have PacWest, Western Alliance and Zions are the next banks that are in discussion to be on the brink. During the pandemic, b...

2023-05-16 05:16:42 ET Regional bank stocks got some rare love on Monday as traders gave some confidence to a sector that has been under a shadow since March. PacWest ( NASDAQ: PACW ) rose 18% after falling 21% last week, while other regionals like Zions Bancorporation (...