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CATEGORY: pacwest


Mar 19, 2023 10:30

Google Trends Data Reveals Searches for ‘Banking Crisis,’ ‘Bank Runs,’ Skyrocket

Interest in the U.S. banking crisis has risen greatly over the past two weeks, as shown by Google Trends data. There has been a sharp increase in queries related to search terms such as “banking crisis,” “bank collapse,” and “bank failure.” On March 13, 2023, the search term “banking crisis” reached the top Google Trends [...]

The post Google Trends Data Reveals Searches for ‘Banking Crisis,’ ‘Bank Runs,’ Skyrocket appeared first on Crypto Breaking News.

May 04, 2023 12:35

PacWest Stocks Plunged Over 50%; Will US Government Seize the Bank?

PacWest Bancorp shares dropped more than 56% during Wednesday’s extended trading. The California holding company’s share price declined following news

US regional bank shares sink despite Fed calling banking system 'sound'

Author: Cointelegraph By Brayden Lindrea
United States
May 04, 2023 08:25

US regional bank shares sink despite Fed calling banking system 'sound'

PacWest Bancorp was the hardest hit bank after-hours on Wednesday, falling over 50% following a reported plan to explore strategic options.

How are Bitcoin options traders positioning for the US banking crisis?

Author: Cointelegraph By Marcel Pechman
United States
May 04, 2023 04:45

How are Bitcoin options traders positioning for the US banking crisis?

The total crypto market cap has been ranging sideways, but Bitcoin derivatives markets indicate pro traders don’t expect any major price corrections.

May 02, 2023 10:30

Pacwest Stock Plummets Over 35% Following Release of Q1 Earnings Report Amidst Turmoil in Banking Industry

Following the acquisition of First Republic Bank by JPMorgan Chase, several regional banks such as Pacwest and Western Alliance experienced a significant drop in their stock prices. On Tuesday afternoon, all four major U.S. benchmark stock indexes are in decline as regional bank stocks hit new lows. Banking Industry on Edge as Pacwest Shares Sink [...]

The post Pacwest Stock Plummets Over 35% Following Release of Q1 Earnings Report Amidst Turmoil in Banking Industry appeared first on Crypto Breaking News.

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