PacWest confirms strategic options talks after US bank shares plunge

PacWest Bancorp said late on Wednesday it was in talks with potential partners and investors about strategic options after shares of the Los Angeles-based lender and several other U.S. regional banks tumbled amid fears of a worsening banking crisis. In a statement, PacWest said it had not experienced any unusual deposit outflows since the sale … Continue reading PacWest confirms strategic options talks after US bank shares plunge