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Banc of California

JPMorgan rides to the rescue again, snapping up mortgages worth $1.8 billion as part of PacWest merger

Thu, 07/27/2023 - 08:45
Tech Insider
JPMorgan Chase & Co.
JPMorgan's headquarters in Manhattan.

Leonardo Munoz/Getty Images

Markets, MI Exclusive, JPMorgan, Regional Banks, PacWest Bank, Banc of California, Mortgages

'Bond King' Bill Gross says he's dumping 80% of his regional bank holdings after making 'mucho bucks' in just three months

Thu, 07/27/2023 - 05:51
Tech Insider
Bill Gross
PIMCO co-founder Bill Gross.

Lucy Nicholson/Reuters

Markets, MI Exclusive, Bill Gross, PacWest Bank, Banc of California, banking turmoil, SVB

2 California banks are merging into a new $36 billion bank. It's the latest in a string of consolidations after a crisis rocked the US banking world in March.

Tue, 07/25/2023 - 23:45
Tech Insider : Economy
A Pacific Western Bank sign is seen on May 4, 2023 in Los Angeles, California.
PacWest Bancorp is merging with Banc of California.

David McNew/Getty Images

finance, economy, Markets, Banks, Banking Crisis, Banc of California, PacWest Bank
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