Western Alliance: “Absolutely false rumors about the sale of assets”

Western Alliance has categorically denied the rumors reported by Bloomberg relating to a potential agreement for the sale of all or part of the assets.

The bank said the report, based on what the Financial Times wrote, was “absolutely false”.

The newspaper had written that the bank would hire consultants to explore the different options and that the negotiations would be at an early stage.

Meanwhile, the stock has partially reduced losses on Wall Street, but continues to show a 39% drop.