S&P Global Ratings has withdrawn its short-term rating of A-3 on Phoenix-based Western Alliance Bank, a unit of Western Alliance Bancorp.
The withdrawal was made at the request of Western Alliance Bank, according to the rating agency. Western Alliance Bank's long-term ratings at the time of withdrawal are unchanged at BBB-, and the bank's outlook is positive.
This S&P Global Market Intelligence news article may contain information about credit ratings issued by S&P Global Ratings, a separately managed division of S&P Global. Descriptions in this news article were not prepared by S&P Global Ratings. The original S&P Global Ratings documents referred to in this news brief can be found here.