Tag: Pacwest
Banc of California kauft PacWest
Pacific Western Bank Die Regionalbank wird übernommen. (Foto: Bloomberg) Denver Die US-Regionalbank Pacific Western Bank (Pacwest) wird von dem Konkurrenten Banc of California übernommen. Das teilten die Institute in der Nacht…
Major US bank raises forecast after takeover – Wall Street closes undecided
New York, Dusseldorf Worries about a possible US default have dampened Wall Street investors’ mood. The Dow Jones lost 0.4 percent on Monday to 33,287 points. The tech-heavy Nasdaq, meanwhile,…
The Big Short Investor was heavily invested in US banks
Michael Burry The star investor is known for his bold trades. (Photo: © 2010 Bloomberg Finance LP) Dusseldorf Michael Burry is known for being a star investor who likes to…
Star investor was heavily invested in US banks
Michael Burry The star investor is known for his bold trades. (Photo: © 2010 Bloomberg Finance LP) Dusseldorf Michael Burry is known for being a star investor who likes to…
Dax closes almost unchanged after trading with little impulse
Dusseldorf The leading German index Dax has lost its slight gains from Monday morning and closed in the evening almost unchanged at 15,917 points. The focus of investors this week…
Dax still without impulses – investor focus is on the US debt dispute
Dusseldorf The German leading index Dax started the trading week with a small plus. On Monday morning, the Frankfurt stock exchange barometer was up 0.2 percent at 15,942 points in…
Dax closes above the 15,900 mark again – the leading index defies stress factors from the USA and China
Dusseldorf For the second time in a row, the leading German index Dax limited its weekly losses on Friday. At the close of trading, the Frankfurt stock exchange barometer was…
Dax defies stress factors from the USA and China
Dusseldorf For the second time in a row, the leading German index Dax limited its weekly losses on Friday. In the afternoon, the Frankfurt stock exchange barometer was almost 0.5…
Dax defies stress factors from the USA and China
Dusseldorf The German leading index Dax is facing the first week of losses since the beginning of April. On Friday, the Frankfurt stock exchange barometer was up 0.3 percent in…
Worries about US debt limit weigh on Wall Street
Frankfurt Worries about the US debt limit are making Wall Street investors nervous. The Dow Jones index of standard values closed 0.7 percent lower on Thursday at 33,309 points. The…
Why the crisis of confidence in regional banks is so difficult to stop
First Republic Bank in San Francisco The struggling US regional bank was taken over by the financial group JP Morgan Chase. (Photo: Bloomberg) Denver These are names that, until recently,…
Why the crisis of confidence in small institutions is so difficult to stop
First Republic Bank in San Francisco The struggling US regional bank was taken over by the financial group JP Morgan Chase. (Photo: Bloomberg) Denver These are names that, until recently,…
US indices close indecisively – Tupperware shares fall sharply
Frankfurt Several weak company figures spoiled the mood for investors on Wall Street at the start of the week. The Dow Jones index of standard values closed 0.2 percent lower…
Citi CEO Fraser doesn’t see a broad-based crisis
Citi CEO Jane Fraser Germany is an important market for the US bank, emphasizes the manager. (Photo: Bloomberg) Frankfurt, Denver First the Silicon Valley Bank (SVB) and the New York…
Citi CEO Fraser doesn’t see a broad-based crisis
Citi CEO Jane Fraser Germany is an important market for the US bank, emphasizes the manager. (Photo: Bloomberg) Frankfurt, Denver First the Silicon Valley Bank (SVB) and the New York…
Investor mood signals “calm before the storm” – but Dax direction is uncertain
Bull and Bear in front of the Frankfurt Stock Exchange Dusseldorf For the sentiment expert Stephan Heibel, the stock markets are currently in the “calm before the storm”. In his…
PacWest leads rally in US regional banks: stock climbs 82 percent
Pacific Western Bank PacWest stock has come into the focus of investors this week. (Photo: AP) new York America’s regional banks ended a turbulent week with a relief rally. Los…
Strong Apple numbers support Wall Street
Frankfurt Surprisingly strong quarterly earnings from Apple supported Wall Street on Friday. The Dow Jones index of standard values closed 1.7 percent higher at 33,674 points. The broader S&P 500…
This small US bank no longer wants to be mistaken for the ailing Pacwest
banks in crisis The ailing Pacific Western Bank of California has nothing to do with Pacific West Bancorp. (Photo: AP) New York/Dusseldorf Similar names are causing confusion among US regional…
Bank worries weigh on Wall Street as Pacwest shares slip more than 40 percent
Dusseldorf, New York Rising concerns about the US banking sector weighed on Wall Street on Thursday. The Dow Jones index of standard values lost more than one percent to 33,067…