Banc of California completes merger with PacWest Bancorp, transforming into a business banking powerhouse

Pallavi Madhiraju- December 1, 2023 0

Banc of California, Inc. has successfully completed its transformative merger with PacWest Bancorp, combining two significant financial entities. The merger has resulted in the creation ... Read More

California business banking to benefit from Banc of California, PacWest Bancorp merger

Pallavi Madhiraju- July 26, 2023 0

Banc of California, Inc. and PacWest Bancorp have entered into a definitive agreement to merge in an all-stock deal. Both boards unanimously approved the agreement, ... Read More

Ares Management secures $3.5bn PacWest specialty finance loan portfolio

Pallavi Madhiraju- June 27, 2023 0

Ares Management Corporation, a global alternative investment manager, announced the acquisition of a $3.5 billion specialty finance loan portfolio from PacWest Bancorp, a California-based bank ... Read More