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Banc of California in talks to buy PacWest Bancorp - WSJ

2023-07-26 02:54
Banc of California is in advanced talks to buy PacWest Bancorp, the Wall Street Journal reported on Tuesday,
Banc of California in talks to buy PacWest Bancorp - WSJ

Banc of California is in advanced talks to buy PacWest Bancorp, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

Trading in shares of PacWest has been halted due to volatility.

(Reporting by Niket Nishant in Bengaluru; Editing by Arun Koyyur)