PacWest Hooks $1.4B Lifeline After Losing 20% of Deposits – Commercial Observer
PacWest Bank’s stock value was down 10 percent midday Thursday — despite announcing it secured $1.4 billion in cash the ...
Tag: Lifeline
Credit Suisse Receives $50B Lifeline to Ward Off U.S. Banking ‘Contagion’ – Commercial Observer
Switzerland’s central bank threw Credit Suisse Group AG a lifeline Thursday in a bid to stop the American banking tumult ...