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Updated: SBB&T will rebrand in $1.5B Union Bank deal

By   /  Monday, March 12th, 2012  /  Banking & Finance, Banking Industry, Top Stories  /  Comments Off on Updated: SBB&T will rebrand in $1.5B Union Bank deal

By Henry Dubroff and Marlize van Romburgh on March 12, 2012 Eighteen months after injecting $500 million to save Pacific Capital Bancorp, its Texas owners are selling to Union Bank’s parent for an estimated $1.5 billion. The deal would rebrand the 52-year-old Santa Barbara Bank & Trust franchise as Union Bank and create a foothold Read More →

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Ford infusion a new model for banking

By   /  Thursday, November 17th, 2011  /  Columns, Opinion  /  Comments Off on Ford infusion a new model for banking

With a single brand, new systems, a seasoned team and a strong balance sheet, Pacific Capital Bancorp has gone from troubled bank to serious competitor.

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Pacific Capital hires Cal Fed veterans

By   /  Tuesday, December 28th, 2010  /  Banking Industry, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Pacific Capital hires Cal Fed veterans

Pacific Capital Bancorp, the parent of Santa Barbara Bank & Trust that was recapitalized and taken over by Texas banking heavyweights Gerald Ford and Carl Webb earlier this year, is bringing aboard a new group of executives that helped Webb and Ford build out their last big venture.

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