Western Alliance Bancorporation, headquartered in Phoenix, Arizona, is a key player in the banking sector, primarily serving Arizona, California, and Nevada. The company, founded in 1994, offers a wide range of banking products and services through its main subsidiary, Western Alliance Bank. These include various deposit accounts, treasury management, residential mortgages, and a comprehensive suite of commercial loans covering everything from working capital to real estate. Additionally, Western Alliance provides advanced financial services like internet banking, electronic bill payments, and cash management, catering to both individual and corporate clients.
The specter of 2023’s regional banking crisis — when Silicon Valley Bank and First Republic crumbled — looms large again. The September bankruptcy of First Brands Group, an auto parts giant with…
Monday's top analyst upgrades and downgrades included Abercrombie & Fitch, Affirm, APA, Chewy, Ciena, Digital Realty Trust, Dollar Tree, Fidelity National Information Services, GE Healthcare Technologies, Netflix, Nordstrom, Palo Alto Networks, Western…
U.S. equity markets closed mixed on Monday but were solidly lower early Tuesday. Worries over a slowing economy and political brinksmanship over the nation's debt ceiling will be hard to overcome.
Regional bank stocks were climbing in Monday's premarket, while a system overload caused the world's largest crypto exchange to close temporarily twice on Sunday.
Shorting regional banks' stocks is coming under scrutiny, and there are some calls for the SEC to ban the practice until the banking system stabilizes.
Paul Ausick Investors got something they expected from the Federal Reserve on Wednesday, but there could be a hitch down the road. And regional banks have hit another serious headwind.
A short-seller report on Icahn Enterprises is, to say the least, unflattering. Regional banks continued Tuesday's slide, and AMD dropped on a weak forecast.
Thursday's top analyst upgrades and downgrades included Apple, Aramark, Bank of America, Chevron, Diamondback Energy, Exxon Mobil, Goldman Sachs, KeyCorp, Marathon Petroleum, Meta Platforms, Netflix, Nvidia, Pioneer Natural Resources, Rivian Automotive, Schlumberger,…
Premarket trading had all three major U.S. stock indexes lower on Wednesday. Regional banks reporting results have not offered a lot of good news.
U.S. markets traded higher before Tuesday's opening bell, after posting small gains on Monday. More earnings reports from big banks and other closely watched companies are coming this week.
After U.S. markets close on Tuesday, these three companies are expected to report quarterly results.
Investors are keeping their powder dry (and holding their breath) for the FOMC interest rate announcement due Wednesday afternoon. But a short squeeze could be in the making, and that would be…
Shares of regional banks took a beating on Monday, but, having survived the day, appeared to be making a partial recovery in premarket trading on Tuesday.
The U.S. Treasury Department and the Federal Reserve took decisive steps to prevent the collapse of two banks from turning into a bank run. Equities were showing some positive effects early Monday.
Wedbush sees some upside but is cautious on Huntington Bancshares, Keycorp and other financial stocks.
