western alliance Archives

‘The Big Short’ Investor Michael Burry Bets Big on Regional Banks amid Ongoing Crisis

Business News, Investors News, Market News, News, Stocks

By Tolu Ajiboye May 16, 2023

Burry increased his stakes in several regional banks in Q1, including NYCB, PacWest, Western Alliance, and First Republic.

PacWest Shares Dips 50%, Western Alliance Stock Down 38% Raising Further Fears of US Banking Collapse

Business News, Market News, News, Stocks, Story of the Day

By Steve Muchoki May 5, 2023

The demise of several United States regional banks including PacWest has come amid the rise of top banks – like Bank of America, and JPMorgan – and Fintechs – like Binance, and Coinbase Global.