PacWest falls 40% after hours on report bank is weighing sale

anji@lemmy.anji.nl to Finance@beehaw.org – 1 points –
PacWest tumbles more than 35% as bank says it's considering 'all options'
cnbc.com

"The shares of many West Coast regional banks have been hit particularly hard since the collapse of Silicon Valley Bank in March, in part because of concerns that their customer bases are similar. PacWest is based in Los Angeles. The stock is down 72% this year."

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