Shares of PacWest Bancorp jumped on Monday after the troubled regional lender announced that it had agreed to sell $2.6 billion worth of real estate construction loans at a discount in a bid to improve its balance sheet. PacWest‘s stock rose nearly 20 percent on the deal, giving the Los Angeles-based bank breathing space to cope with a flight … Continue reading PacWest shares jump after $2.6-B real estate loan sale