Banc of California, Inc. announced the completion of its transformational merger with PacWest Bancorp, pursuant to which PacWest has merged into Banc of California, and Banc of California, N.A. will have merged into Pacific Western Bank (the...
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December 01, 2023, 07:18 AM
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Banc of California, Inc. and PacWest Bancorp jointly announced that, at their respective special meetings of stockholders, they each received the necessary stockholder approval for the proposed combination of Banc of California and PacWest. The final...
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November 27, 2023, 07:22 AM
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Banc of California, Inc. and PacWest Bancorp announced the Board of Governors of the Federal Reserve System granted its approval of the previously announced combination of Banc of California and PacWest and their respective bank subsidiaries, Banc of...
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October 20, 2023, 07:22 AM
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Banc of California, Inc. announced Debora Vrana has joined its wholly owned subsidiary, Banc of California, N.A. (the Bank), in the newly created role of Executive Vice President and Chief Communications Officer. She will also join the Bank’s senior...
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September 13, 2023, 07:18 AM
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Banc of California and PacWest Bancorp announced the signing of a definitive agreement pursuant to which the companies will combine in an all-stock merger transaction. Under the terms of the agreement, which was unanimously approved by the boards of...
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July 26, 2023, 07:25 AM
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Bloomberg reported PacWest Bancorp is exploring a sale of its lender finance arm, according to people familiar with the matter. The California-based bank is working with a financial adviser to solicit interest in the business, said the people, who...
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April 24, 2023, 07:20 AM
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Pacific Western Bank, the primary subsidiary of PacWest Bancorp, issued the following statement reaffirming its financial strength.Pacific Western Bank continues to have solid liquidity, with over $10.8 billion in available cash as of March 17....
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March 20, 2023, 07:00 AM
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PacWest Bancorp and Pacific Western Bank announced the following changes to the company’s Board of Directors and executive team.Paul W. Taylor, President of the Company and the Bank, has been appointed Chief Executive Officer of the Company and the...
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November 29, 2022, 07:22 AM
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PacWest Bancorp announced James J. Pieczynski will be named Vice Chairman. To succeed Pieczynski, Laird M. Boulden has been appointed President, CapitalSource Division. Both moves are effective June 1. Boulden currently serves as CapitalSource...
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May 01, 2018, 07:30 AM
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PacWest Bancorp and CU Bancorp announced the signing of a definitive agreement and plan of merger (the “Agreement”) whereby PacWest will acquire CU Bancorp in a transaction valued at approximately $705 million.CU Bancorp, headquartered in Los Angeles...
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April 06, 2017, 07:18 AM
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PacWest Bancorp and Square 1 Financial, Inc. today announced the signing of a definitive agreement and plan of merger (the "Agreement") whereby PacWest will acquire Square 1 in a transaction valued at approximately $849 million. The Square 1 lending...
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March 02, 2015, 07:15 AM
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PacWest Bancorp ("PacWest") announced that on April 7, 2014, it completed its previously announced merger with CapitalSource Inc. ("CapitalSource"). CapitalSource Bank, a wholly-owned subsidiary of CapitalSource, merged with and into PacWest's...
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April 09, 2014, 06:15 AM
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PacWest Bancorp ("PacWest") and CapitalSource Inc. ("CapitalSource") announced the signing of a definitive agreement and plan of merger (the "Agreement") whereby PacWest and CapitalSource will merge in a transaction valued at approximately $2.3...
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July 23, 2013, 07:05 AM
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Pacific Western Bank announced that Pacific Western Equipment Finance is the new name of the former Marquette Equipment Finance, effective as of the close of business on Friday, March 23, 2012. Following Pacific Western Bank's acquisition of...
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March 27, 2012, 07:30 AM
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