Pacific Western Bank has bolstered its liquidity after its deposits dipped 20% over three months. The subsidiary of PacWest Bancorp has borrowed $3.7 billion from Federal Home Loan Bank (FHLB), $10.5 billion from the Federal Reserve Discount Window and $2.1 billion from the Bank Term...
March 12, 2024
Silicon Valley Bank’s (SVB) collapse was one of the largest banking failures in American history. And according to a report Tuesday (March 12) by Bloomberg News, that collapse brought with it the largest penalty since before the 2008 financial crisis: $285 million in fees to retire emergency financing the lender had gotten from the Federal Home Loan Bank (FHLB) system. […]
March 22, 2023
Pacific Western Bank has bolstered its liquidity after its deposits dipped 20% over three months. The subsidiary of PacWest Bancorp has borrowed $3.7 billion from Federal Home Loan Bank (FHLB),...
