consolidation – Raxxmorz

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“2 California banks are merging into a new $36 billion bank. It’s the latest in a string of consolidations after a crisis rocked the US banking world in March.”

July 27, 2023

“Shares of Banc of California and PacWest Bancorp got a major boost from news Tuesday that the two lenders will merge in an all-stock deal to create a new bank. PacWest shares surged 31.3% to $10.10 apiece in after-hours trade after news… Continue Reading…

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“2 California banks are merging into a new $36 billion bank. It’s the latest in a string of consolidations after a crisis rocked the US banking world in March.”

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“2 California banks are merging into a new $36 billion bank. It’s the latest in a string of consolidations after a crisis rocked the US banking world in March.”

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