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Pacific Western Bank CEO Paul Taylor said he was encouraged by recent comments from Yellen that she was prepared to take additional actions to help bank depositors, if needed. She and other ...
PacWest announced a $3.5 billion sale of loans to alternative investment manager Ares Management, providing another lift to a regional bank hammered during the industry chaos earlier this year.The ...
PacWest Bancorp is set to merge with Banc of California and raise $400 million in equity, according to a joint announcement the banks released Tuesday afternoon, ahead of their second-quarter ...
Pacific State Bank Stockton California August 20, 2010: Rabobank, N.A. 312 117 Los Padres Bank Solvang California August 20, 2010: Pacific Western Bank: 870 118 Sonoma Valley Bank Sonoma California August 20, 2010: Westamerica Bank 337 119 Horizon Bank Bradenton Florida September 10, 2010: Bank of the Ozarks 188 120 Bank of Ellijay Ellijay Georgia
In April 2014, Pacific Western Bank and CapitalSource merged to form what is now the 6th largest publicly traded commercial bank headquartered in California, with more than $16 billion in assets. Following its acquisition of CapitalSource, Pacific Western Bank has faced opposition in its efforts to acquire additional lenders.
In April 2002, it acquired Upland Bank, with $108 million in assets. [6] In 2005, it acquired Glendora, California–based Foothill Independent Bancorp for $238 million. [7] In 2006, First Community Bancorp combined the two banks it then owned, Pacific Western National Bank and First National Bank, renaming them the Pacific Western Bank. [8]
PacWest and Western Alliance were also among the financial institutions, along with First Republic, that came under intense scrutiny following the March 10 and March 12 failures of Silicon Valley ...
VersaBank is a Canadian chartered bank headquartered in London, Ontario. Formerly known as the Pacific & Western Bank of Canada, it was founded as a trust company in Saskatoon, Saskatchewan, in 1980 and later moved its head offices to London, Ontario. On August 1, 2002, it was granted a Schedule I Canadian chartered bank licence by the Canadian ...