Good morning, Bay Area. Starting the day with banking news, reports surfaced Thursday that both Western Alliance Bank and PacWest Bancorp have been weighing a range of strategic options, including a sale. Western Alliance Bank, owner of San Jose-based Bridge Bank, flat-out denied those rumors. Meanwhile, this unfolds after Federal Reserve Chair Jay Powell on Wednesday said that the U.S. banking system is "sound and resilient." Turning to tech news, the Federal Trade Commission yesterday proposed…
