May 4, 2023

Will PacWest be the next bank to fail? | NewsNation Now

Posted by in category: finance

PacWest Bancorp said late on Wednesday it was in talks with potential partners and investors about strategic options after shares of the Los Angeles-based lender and several other U.S. regional banks tumbled amid fears of a worsening banking crisis.

Peter Morici, professor emeritus at the University of Maryland, joined NewsNation Now to discuss.

#BankCollapse #PacWest.

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