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 →
By Henry Dubroff / 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.
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.
