PacWest shares extend gains on $2.6 bln real estate loan sale
![PacWest shares extend gains on .6 bln real estate loan sale PacWest shares extend gains on .6 bln real estate loan sale](https://www.reuters.com/resizer/wmWTGH3C325ZMx-GlPhcWKI6GPI=/1200x628/smart/filters:quality(80)/cloudfront-us-east-2.images.arcpublishing.com/reuters/RUYWPG35TVOOVMXYBDPJFPE4S4.jpg)
May 23 (Reuters) – PacWest Bancorp’s (PACW.O) shares rose nearly 13%, extending gains from the previous session driven mostly by news that the lender would sell $2.6 billion worth of its loan portfolio to bolster its finances. The stock was trading up at $7.06 on Tuesday, helping to lift the shares of other regional lenders … [Read more…]