PacWest Bancorp

PacWest Bank, Thrashed by Deposit Crisis, Will Be Taken Over

Banc of California is set to absorb PacWest, a larger lender that has seen its depositors flee this year.

By Rob Copeland

Banking and Financial Institutions PacWest Bancorp Stocks and Bonds

PacWest Bank, Shedding Billions in Deposits, Enters Renewed Market Spiral

The Los Angeles-based lender said that its falling stock price ignited customers’ “fears of the safety of their deposits.”

By Rob Copeland

Banking and Financial Institutions Federal Reserve System Labor and Jobs PacWest Bancorp Standard & Poor's 500-Stock Index United States Economy Wages and Salaries

Bank Stocks Bounce as Investors Rethink Economic Outlook

PacWest and Western Alliance, the banks at the center of the latest phase of the crisis, recouped a chunk of earlier losses, as robust economic data also heartened investors.

By Joe Rennison

Cook, Timothy D First Republic Bank internal-storyline-no PacWest Bancorp United States Economy Western Alliance Bancorp

What to Watch in Today’s Jobs Report

The latest employment data will be published days after the Fed signaled it was ready to pause raising interest rates.

By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler