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Lenders face steep economic hurdles and stiffer regulations. How to invest as the industry reshapes itself.

The Beverly Hills-based bank said the majority of the 9.5% deposit decline occurred on May 4 and May 5 after news reports that PacWest was exploring all of its options and holding talks with potential investors and partners.

The volatility in regional bank stocks these days seems to be all about deposits.

Park officials said that leaders of the search efforts “have concluded that survival is outside the window of possibility.”

Novavax plans to cut 25% of its workforce, adjusted earnings at Shoals top estimates, and Palantir posts a surprise profit in the first quarter and slightly lifts guidance for the fiscal year.

Markets initially welcomed PacWests move to cut its dividend but have since become less enthused by what the bank described as a prudent step.

The stocks move Monday follows a strong rebound in regional bank shares at the end of last week. The sectors sharp selloff is being questioned by investors.

The premarket move Monday follows a strong rebound in regional bank shares at the end of last week. The sectors sharp selloff is being questioned by investors.

Tech-heavy Nasdaq Composite inches up enough to move into bull market territory

Shell Asset Management Co. lowered its holdings in Western Alliance Bancorporation (NYSE:WAL – Get Rating) by 17.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,821 shares of the financial services provider’s stock after selling 1,464 shares during the period. Shell […]