Citadel scoops up Western Alliance shares on the cheap

Citadel scoops up Western Alliance shares on the cheap

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Shares of Western Alliance Bancorp rallied Tuesday, amid a broad bounce in the regional-bank sector, and after Citadel Advisors LLC disclosed that it has taken a big stake in the Arizona-based bank. In a 13G filing with the Securities and Exchange Commission early Tuesday, hedge fund Citadel…

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