Menu

Blog

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.

Watch #NewsNationNow: https://www.newsnationnow.com/joinus.

“NewsNation Now” is a no fluff, no filler newscast hosted by Nichole Berlie featuring up-to-the-minute news drawing from a network of journalists across the U.S. Weekdays starting at 1p/12C.

NewsNation is your source for fact-based, unbiased news for all America.

Leave a reply