Banc of California closes merger with PacWest, raises $400M
Los Angeles-based Banc of California announced the completion of its all-stock merger with PacWest Bancorp, which will take effect Dec. 1. Announced on Nov. 30, Pacific Western Bank, a subsidiary of PacWest Bancorp, has now merged into Banc of California meaning the combined bank will operate under the Banc of California name and brand. The Read More →
MB&T gives away $1.1M, Benefits 195 Orgs
Janet Garufis, CEO and chairwoman of Montecito Bank & Trust, gathered dozens of representatives from local nonprofits and organizations to celebrate the season of giving with a bang at the 2023 Montecito Bank & Trust Community Dividends event Nov. 20. During the event, the bank announced it was donating $1.1 million to nonprofits based in Read More →
Portfolio watch
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Portfolio watch
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Portfolio watch
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Community West, Central Valley Banks are “better together”
About 18 months ago, Marty Plourd, CEO of Community West Bank at the time met James Kim, CEO of Central Valley Community Bank, and after a successful first meeting, the two kept in touch, building “a bond of trust.” On Oct. 10, that bond of trust came full circle when it was announced that Goleta-based Read More →
Dubroff: U.S. Bank CIO shares insights on nation’s economy
At a pivotal moment for investors, the future of the U.S. economy lies in the hands of American consumers and their ability to fund aspirational trips and gifts and without breaking the bank. On a morning where war in the Middle East and turmoil in Congress were making headlines, Eric Freedman, chief investment officer at Read More →
