Banc of California is swallowing up long-struggling PacWest
The all-stock deal will create a combined $36 billion asset bank
Source: qz.com
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2 California banks are merging into a new $36 billion bank. It's the latest in a string of consolidations after a crisis rocked the US banking world in March.
PacWest shares surged 31.3% while Banc of California shares jumped 8.4% in after-hours trade after news of the merger broke.
Source: yahoo.com
Ares Management Closes $8.3B in U.S. Direct Lending Commitments in Q4 2022; $26.4B in Last 12 Months - News
Ares Management Corporation announced that funds managed by its Credit Group (collectively “Ares”) closed approximately $8.3 billion in U.S. direct lending commitments across 50 transactions during the fourth quarter of 2022 and approximately $26.4 billion in direct lending commitments across 208 transactions in the last twelve-month period ended...
Source: abladvisor.com
5 Stocks to Buy According to Mark T. Gallogly's Centerbridge Partners
In this article, we discuss 5 stocks to buy according to Mark T. Gallogly's Centerbridge Partners.
Source: insidermonkey.com
10 Stocks to Buy According to Mark T. Gallogly's Centerbridge Partners
In this article, we discuss 10 stocks to buy according to Mark T. Gallogly's Centerbridge Partners.
Source: insidermonkey.com