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PacWest Bancorp slid 28% and Western Alliance Bancorporation dropped by 15% following the sale of First Republic Bank to JPMorgan Chase on Monday.

Shares of Western Alliance Bancorporation (NYSE:WAL – Get Rating) traded down 12.7% during trading on Tuesday . The stock traded as low as $31.45 and last traded at $31.80. 2,365,821 shares changed hands during mid-day trading, a decline of 61% from the average session volume of 6,008,136 shares. The stock had previously closed at $36.44. […]

Sonen Capital LLC bought a new position in shares of Western Alliance Bancorporation (NYSE:WAL – Get Rating) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,000 shares of the financial services provider’s stock, valued at approximately $298,000. A […]

Glasgow reached their first European final with a 35-17 Challenge Cup success away to Scarlets in Llanelli on Saturday.

Reports are expected to include recommendations for stricter regulation of regional banks