Banking

Banc of California to purchase PacWest

PacWest Bancorp is set to combine with Banc of California and raise $400 million in equity from financiers, the banks revealed Tuesday.  PacWest had actually remained in talks with prospective financiers or purchasers because May, following the failure of Silicon Valley Bank and First Republic Bank.  The brand-new entity “will have functional and monetary scale […]

Gabriel

A news media journalist always on the go, I've been published in major publications including VICE, The Atlantic, and TIME.

Related Articles

Back to top button