PacWest Stock Slides After Scrapping Capital Increase Amid Deposit Slump
Published
PacWest said its plans to raise new capital "would not be prudent" given "current volatility in the market and depressed market prices for regional bank stocks". PacWest Bancorp (PACW) - Get Free Report shares slumped lower in pre-market trading after the lender said dumped plans to raise fresh…
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