Topics: Pacific Western Bank

PacWest Bancorp, one of the mid-sized banks that has been attracting market attention, experienced significant withdrawals as customers pulled out 9.5% of their deposits on May 11.

PacWest Bancorp, one of the mid-sized banks that has been attracting market attention, experienced significant withdrawals as customers pulled out 9.5% of their deposits on May 11.

Pacific Western Bank garnered attention after spiking 82% following a 51% fall the previous session, and is now in talks with strategic partners and investors to maximize shareholder value.

Pacific Western Bank garnered attention after spiking 82% following a 51% fall the previous session, and is now in talks with strategic partners and investors to maximize shareholder value.