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2023-10-25
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2023-05-04
$西太平洋合众银行(PACW)$ May 4, 2023 - 12:31 amLOS ANGELES, May 03, 2023 (GLOBE NEWSWIRE) -- In light of recent reporting regarding strategic actions, PacWest Bancorp (Nasdaq: PACW) (the “Company”) provides the following update:Our message remains consistent with what was conveyed last week with earnings. As previously announced, the Company has explored strategic asset sales, including moving the $2.7 billion Lender Finance loan portfolio to held for sale in 1Q23. This planned sale remains on track and upon completion will accelerate our CET1 capital ratio to 10%+ (from 9.21% at 1Q23). Additionally, in accordance with normal practices the Company and its Board of Directors continuously review strategic options. Recently, the Company has been approached
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2023-03-22
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2023-03-21

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