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. In a statement, PacWest said it had not experienced any unusual deposit outflows since the sale of First Republic Bank to JPMorgan Chase & Co was announced on Monday. The planned sale of its $2.7-billion lender finance loan portfolio remained on track and once completed would increase its common equity tier one ratio from 9.

https://business.inquirer.net/399243/pacwest-confirms-strategic-options-talks-after-us-bank-shares-plunge

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