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By Marlize van Romburgh / Friday, March 16th, 2012 / Banking & Finance, Banking Industry, Top Stories / 1 Comment
EDITOR’S NOTE: This is one part in a three-part package on Union Bank’s acquisition of Pacific Capital Bancorp, the parent of Santa Barbara Bank & Trust. Read the other two stories here: “End of an era for SBB&T brand.” A look back at the 52-year history of a company that enjoyed exceptional customer and Read More →
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By Stephen Nellis / Friday, March 16th, 2012 / Banking & Finance, Banking Industry, Top Stories / Comments Off on Sale of SBB&T means end of an era
EDITOR’S NOTE: This is one part in a three-part package on Union Bank’s acquisition of Pacific Capital Bancorp, the parent of Santa Barbara Bank & Trust. Read the other two stories here: “Union deal rattles region’s banks.” A look at the key players in the banking landscape as the largest independent bank in the Read More →
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By Staff Report / Friday, March 16th, 2012 / Op/Eds, Opinion / Comments Off on Guest op/ed: SBB&T sale marks a turning point for the banking business
By Bill Watkins on March 16, 2012 Early in the morning on Monday, March 12, I received an email indicating that the stock of Santa Barbara Bank & Trust’s parent, Pacific Capital, was trading way above its recent market price. Clearly, something was up. Only hours later, The Pacific Coast Business Times had an article Read More →
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By Henry Dubroff / Friday, March 16th, 2012 / Columns, Opinion / Comments Off on This transaction pans out for Treasury, taxpayers
Pacific Capital Bancorp’s controlling shareholders cured one of the biggest TARP headaches when they inked a $46-per-share sale to Union Bank’s parent company.
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By Stephen Nellis / Friday, March 16th, 2012 / Banking & Finance, Banking Industry, Top Stories, Tri-County Public Companies / Comments Off on Recession, mergers and the future of finance
EDITOR’S NOTE: This is one part in a three-part package on Union Bank’s acquisition of Pacific Capital Bancorp, the parent of Santa Barbara Bank & Trust. Read the other two stories here: “Union deal rattles region’s banks.” A look at the key players in the banking landscape as the largest independent bank in the Read More →
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By Staff Report / Wednesday, March 7th, 2012 / Banking & Finance, Latest news, Tri-County Public Companies / Comments Off on Semtech breaks profit record, buys French wireless firm
Chipmaker Semtech beat analysts expectations by two cents a share and set a profit record while continuing its streak of acquisitions on March 7. Semtech broke its year-end records with profits up 23 percent to $89 million on net sales of $480 million, a 5 percent increase that was also a new high for the Read More →
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By Staff Report / Friday, March 2nd, 2012 / Latest news, Tri-County Public Companies / Comments Off on Dole buys natural snack company
Dole Food Co. has bought Mrs. May’s Naturals, a family-run company that makes natural snacks such as fruit-and-nut bars and freeze-dried fruit. Terms of the deal were not disclosed, but Westlake Village-based Dole said Mrs. May’s had 2011 revenues of about $16 million. Mrs. Mays was founded in 2002 by brothers Augustine and Michael Kim, Read More →
