LOS ANGELES, June 12, 2023 (GLOBE NEWSWIRE) — Preferred Bank (NASDAQ: PFBC), (“the Bank”), an independent commercial bank, today announced that it had received all the required approvals to begin its stock repurchase plan. At the annual shareholder’s meeting on May 16, 2023, the Bank’s shareholders approved a stock repurchase…Read More
Related Posts
Yellen says US economy strong but some areas slowing By Reuters
WASHINGTON (Reuters) - The U.S. economy is strong amid robust consumer spending but some areas are slowing down, U.S. Treasury Secretary Janet Yellen said on Wednesday, adding that she expects…
First Republic clients pulled 100B in deposits during panic
NEW YORK -- Customers of First Republic Bank pulled more than $100 billion in deposits out of the bank during last month's crisis, as fears swirled that it could be…
2 Federal Reserve officials say spike in bond yields may allow central bank to leave…
WASHINGTON (AP) -- Two Federal Reserve officials suggested Monday that the central bank may leave interest rates unchanged at its next meeting in three weeks because a surge in long-term…
