Tag: Banc of California

Activity, Corporate Banking

Banc of California joins Rise Economy for $4.1bn community benefits plan

October 6, 2023

Via: FinTech Futures

The plan, which is expected to run over the course of three years, is comprised of a series of investment goals and targets, which if achieved, are intended to “make a meaningful and positive impact in communities” served by the […]

Activity, Corporate Banking

Banc of California agrees to buy PacWest

July 26, 2023

Via: Banking Dive

Banc of California agreed to buy PacWest Bancorp in a deal that includes a $400 million investment from Warburg Pincus and Centerbridge Partners, and gives the private-equity firms a 19% stake in the combined company. The combined company is expected […]