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PacWest Says in Talks With Potential Partners After Share Plunge

May 4, 2023

Bloomberg, May 4, 2023–Emily Cadman, Abhishek Vishnoi, Matthew Monks
PacWest Bancorp said core deposits have increased since March and confirmed it’s in talks with several potential investors, seeking to calm markets after a 60% stock rout that made it the new focal point of concern over the health of US regional lenders.
https://www.bloomberg.com/news/articles/2023-05-04/pacwest-says-in-discussion-with-several-potential-investors?srnd=premium&leadSource=uverify%20wall

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