Western Alliance latest US bank to explore sale
According to information from two individuals who were briefed on the subject, Western Alliance (WAL.N) is considering strategic alternatives, such as the potential sale of its entire business or a portion of it. The Financial Times reported this on Thursday.
The Arizona-based bank, Western Alliance, has reportedly engaged advisors to investigate its alternatives, according to the Financial Times.
These options could include a potential sale of either a portion or the entirety of its business. However, the bank’s discussions are still in the early stages and may not lead to any action, Reuters reported.
"Western Alliance latest US bank to explore sale - FT"
READ MORE: https://www.nasdaq.com/articles/western-alliance-latest-us-bank-to-explore-sale-ft
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