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First California nixes acquisition on eve of PacWest deal

By   /  Friday, February 8th, 2013  /  Banking & Finance, Banking Industry, Top Stories, Tri-County Economy  /  Comments Off on First California nixes acquisition on eve of PacWest deal

Westlake Village-based First California Financial Group has called off a deal to acquire Premier Service Bank, a small Riverside-based lender it was slated to buy last year. The dashed deal may be a sign that a contentious $231 million acquisition of First California by Los Angeles-based PacWest Bancorp is moving forward. Executives from First California Read More →

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Spurned bid for First California sets off battle of the banks

By   /  Friday, May 11th, 2012  /  Banking & Finance, Banking Industry  /  Comments Off on Spurned bid for First California sets off battle of the banks

Westlake Village-based First California Bank has rejected an unsolicited all-stock takeover offer from Los Angeles-based PacWest Bancorp at $7.25 a share, 32 percent higher than First California’s recent trading price. For its part, PacWest has signaled publicly that it now wants to enlist the energy of disgruntled First California shareholders to help push through a Read More →

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PacWest tops Umpqua offer with $58.1M deal

By   /  Friday, May 4th, 2012  /  Banking & Finance, Banking Industry, Top Stories  /  Comments Off on PacWest tops Umpqua offer with $58.1M deal

PacWest Bancorp’s $58.1 million offer to buy American Perspective Bank has trumped an earlier deal for the Central Coast lender and puts San Luis Obispo County in play as a banking hotspot. The April 30 acquisition offer from PacWest, parent of Pacific Western Bank, comes three weeks after Umpqua Holdings Corp. of Oregon said it Read More →

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Big California banks see 2011 earnings bounce

By   /  Friday, January 27th, 2012  /  Banking & Finance, Banking Industry, Personal Finance, Top Stories  /  Comments Off on Big California banks see 2011 earnings bounce

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Nahra surfaces at PacWest

By   /  Tuesday, August 2nd, 2011  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Nahra surfaces at PacWest

Lynda Nahra has been hired by Los Angeles-based Pacific Western Bank to run its Central Coast region.

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