PacWest Bancorp said on Monday it was selling a $3.54 billion lender finance loan portfolio to Ares Management (NYSE:ARES), in an attempt to boost liquidity at the U.S. regional lender, sending its shares up 7% in premarket trading. A relentless rate hike campaign by...
Hawthorn Bancshares, Inc. (Nasdaq:HWBK) functions as the holding company for Hawthorn Bank that provides commercial and personal banking services. It has 20 locations scattered throughout Missouri with almost USD 2 billion in total assets. Comps: FNCB Bancorp, Inc....
Dow futures lower; Fed speakers in focus Friday’s forecast brings a gloomy outlook to the stock market, leaving Wall Street with a potential losing week. Sentiment takes a hit as investors brace themselves for the dreaded possibility of more monetary tightening...
Hanmi Financial Corporation (Nasdaq:HAFC) is a leading financial institution that operates as the holding company for Hanmi Bank, a provider of business banking products and services across the United States. With its headquarters in Los Angeles and 35 branches...
U.S. jobless claims hold steady at 20-month high, current account gap widens U.S. jobless claims stubbornly clung to a 20-month high. This prolonged elevation for the third consecutive week hints at a labor market that’s starting to soften, thanks to the Federal...
