Bank Stocks Rebounded in Morning Trading, PacWest and Western Alliance Gained Over 4%

Tiger Newspress2023-05-03

Bank stocks rebounded in morning trading, PacWest and Western Alliance gained over 4%.

PacWest reported double-digit quarterly declines in deposits at the end of March but said flows have since stabilized.

Last week, it said it would explore "strategic asset sales" to increase liquidity as it disclosed a loss in Q1.

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ipsail
2023-05-03
ipsail
You go PacWest!!! There are some of us who are buying and holding altho we may not be able to help much! Please make it !

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