Merger of U.S. Bank and Union Bank gets final U.S. approval
U.S. Bank’s $8 billion acquisition of Union Bank has the green light from U.S. regulators, a big step forward for a deal that could make U.S. Bank one of the biggest retail banking companies in the tri-county region. The deal received its final U.S. regulatory approvals on Oct. 14, more than a year after it Read More →
Dubroff: U.S. Bank’s big buy revives long-simmering rivalry with Wells Fargo
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U.S. Bank’s $8B deal to buy Union Bank could make it region’s biggest banking company
Editor’s Note: This article was originally posted Sept. 21 and updated Sept. 23 with more reporting about the pending bank merger. Union Bank’s 29-branch network in the Tri-Counties will become part of U.S. Bank in an $8 billion deal that will give Union Bank’s Japanese parent a nearly 3% stake in Minneapolis-based U.S. Bancorp. In Read More →
Creditors foreclosing on Santa Barbara landlord Dario Pini
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Area banks hiring
After posting mostly solid first-quarter earnings, banks in the region are scouting for resumes again. Three of the largest firms in the region are looking to fill more than 300 open positions among them.
