Once again, it is the students of VIU who truly show how to be the best people, the best citizens, and now the best teammates.

The coach of the Columbia Bible College should be suspended. And PACWEST needs to show some courage and stand up for the safety of all players. No one should be prevented from playing due to the actions of others and no team should be penalized for protecting their teammate!

I’ll reserve my comments for the Administration of VIU…. the student-athletes are doing an excellent job and I stand behind them 100% as I would any student who stands in the face of injustice.

#sports #transgender #PACWEST #Basketball
https://www.cbc.ca/sports/basketball/transgender-college-basketball-player-vancouver-island-mistreatment-allegations-1.7425667

B.C. basketball team to skip games over alleged mistreatment of trans player | CBC Sports

A group of collegiate basketball players in B.C. say they will not play a pair of games against another team in their division this weekend due to alleged verbal and physical mistreatment of a transgender teammate that they say has not been addressed.

CBC

Banc of California anuncia un acuerdo para adquirir #PacWest Bancorp

PacWest perdió un 18% de los depósitos en el primer semestre del año, mientras que Banc of California perdió casi un 4%.

PacWest comunicó el martes unas pérdidas de 197 millones de dólares en el segundo trimestre, mientras que los beneficios de Banc of California cayeron un tercio.

Oh crisis of '08,
thou art felt so once more.
As stocks dive and money's tight,
anxiety we fight.
Will our debt be worth more than before?

#2008 #financialcrisis #pacwest #cnnbusiness #ode #poetry

https://www.cnn.com/2023/05/11/business/2008-banking-crisis-comparison/index.html

Oh PacWest, you are a sight
As your stock takes a sudden flight
Your loyal followers tremble and cry
At the news that deposits said goodbye
But in your wake you leave a wake of grace
Your courage in trying times cannot be erased

#pacwest #stocks #banking #investing #ode #poetry

https://abcnews.go.com/Business/pacwest-shares-plummet-after-bank-lost-9-deposits/story?id=99252787

PacWest shares plummet after bank says it lost 9% of deposits last week

The sharp decline of PacWest stock prompted a pause in trading of its shares.

ABC News

The plunge in #PacWest shares is particularly significant because, according to the Financial Times, more than three-quarters of its lending is in real estate, which is being hard hit by the interest rate hikes of the past year.

US financial crisis deepens as shares in regional banks continue to fall - World Socialist Web Site

https://www.wsws.org/en/articles/2023/05/05/nrlb-m05.html

US financial crisis deepens as shares in regional banks continue to fall

Within hours of Fed chair Jerome Powell having declared that the takeover of First Republican Bank had drawn a line under the “stress” that began in March, the stocks of other regional banks came under heavy selling pressure.

World Socialist Web Site
PacWest explores strategic options amid stock price plunge -source

PacWest Bancorp <a href="https://www.reuters.com/companies/PACW.O" target="_blank">(PACW.O)</a> is exploring strategic options, including a potential sale or capital raise, after a liquidity boost it announced in March failed to inspire confidence in its ailing share price, a person familiar with the matter said.

Reuters
🚨 #PacWest wägt strategische Optionen ab, einschließlich eines möglichen Verkaufs - BBG - #Bankrettung Nr 4 steht vor der Tür...

🚨🤔
#PacWest verzeichnete im 1. Quartal einen Verlust von 1,2 Mrd. $ und einen Rückgang der Einlagen um 5,7 Mrd. $ (von 33,9 Mrd auf 28,2 Mrd). Bankrettung Nr. 4 in der Warteschleife....?

#Börse #Bankenkrise #Wirtschaft

📈👀
Weiterer Abverkauf bei den US-#Regionalbanken.
Dritte #Bankenrettung sorgt nicht für nachhaltige Ruhe...
#PacWest: -29%
Metropolitan Bank: -27%
Western Alliance: -25%
HomeStreet: -16%
Zions: -11%
First Foundation: -10%
#Comerica: -9%
#Keycorp: -8%

#Börse #Bankenkrise