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Pacific Western Bank faced 'elevated' withdrawals after bank failures
Reuters via Yahoo Finance· 1 year agoIn a statement, Pacific Western Bank said it still maintained solid liquidity, with available cash...
Pacific Western Bank raises $1.4 billion, says deposits have stabilized
Reuters via Yahoo Finance· 1 year agoPacific Western Bank has raised $1.4 billion from investment firm Atlas SP Partners, the lender said...
PacWest falls 17% as the California bank borrows cash following a 20% drop in deposits
Business Insider via Yahoo Finance· 1 year agoRegional banks like PacWest have been hit with deposit outflows.Photo Illustration by Pavlo...
Cities' thirst nearly killed these California lakes. Not so fast, said our epic wet winter
LA Times via Yahoo News· 9 months agoPG&E crews travel by airboat in June to decommission power poles in a flooded pistachio orchard in...
Los Angeles agencies returned $150 million in federal funds to house homeless people
LA Times via Yahoo News· 2 years agoNearly $150 million worth of grants to the three main housing agencies working to reduce...
Bear of the Day: PacWest Bancorp (PACW)
Zacks via Yahoo Finance· 12 months agoRegional Banking Contagion Since March, the following banks have collapsed or have been sold for pennies on the dollar: Signature Bank of New York...
Russia arrests L.A. woman for treason after she gave $50 to Ukraine, employer says
LA Times via Yahoo News· 2 months agoKsenia Karelina left Los Angeles around the New Year on a flight to Moscow via Istanbul. She was...
A mini deposit run in early May preceded the sale of PacWest
American Banker via Yahoo Finance· 8 months agoFollowing reports that the Los Angeles bank was considering strategic options, its deposits fell by...
Summit Latest: Blinken Defends US Exclusion of Autocracies
Bloomberg via Yahoo Finance· 2 years ago(Bloomberg) -- President Joe Biden is hosting the final day of the Summit of the Americas in Los...
Jewish communities thrived in early L.A. — and helped the city thrive
LA Times via Yahoo News· 1 year agoFor the record: 12:05 p.m. Nov. 30, 2022: There’s an easy formula for sizing up Los Angeles as the destination of choice for the peoples of the Earth: “There are more (nationality/ethnic group ...