Sentiment: Negative
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Will PacWest be the Next US Bank to Go Out of Business?
By Qadir AK at 2026-05-04 15:09
Sentiment: Negative
The post Will PacWest be the Next US Bank to Go Out of Business? appeared first on Coinpedia Fintech News Following a rumored plan to explore strategic options, PacWest Bancorp experienced the largest after-hours decline of any bank on Wednesday, falling over 50%. Even though federal reserve chairman Jerome Powell had described the banking industry as “sound” and “resilient” just hours before, several regional banks’ stock values plummeted on Wednesday. Following a Bloomberg report that … Continue reading...
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