PacWest Bancorp is exploring strategic options including a sale or capital raising, a source familiar with the matter said, sending the shares of the bank and several other U.S. regional lenders tumbling in after-market trading. Later on Wednesday, Western Alliance Bancorp sought to assure markets, saying it had not experienced any unusual deposit flows and had adequate liquidity. The Phoenix-based regional lender said it was 'reaffirming its financial strength as well as its deposit growth guidance in response to recent industry events.

https://business.inquirer.net/399236/pacwest-weighs-its-options-sending-bank-shares-in-a-tailspin

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