TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

PacWest Is Weighing Strategic Options, Including Possible Sale

6 pointsby otherjasonabout 2 years ago

3 comments

jgalt212about 2 years ago
I guess we know who was buying all those 10Y notes at sub 1% yields.<p>All snark aside, it blows my mind that these banks are getting tripped up by the same thing that tripped up the S&amp;Ls almost 40 years ago. How can they be making the exact same mistake?
yesbutabout 2 years ago
Just like First Republic did before it was gobbled up by JP Morgan.<p>To quote Jamie Dimon, &quot;the US banking sector is great&quot;. (...for JP Morgan)
awaythrow483about 2 years ago
Bullish. Unprofitable tech is about to hit its stride I think