Banc of California promoted several leaders in community banking, including elevating Chris Baron to president of community banking to oversee its five regions in California and Colorado along with its national asset-based lending business finance team. read more

APR 10, 2024 - 6:47 am

Banc of California completed its merger with PacWest Bancorp pursuant to which PacWest has merged into Banc of California and, as of today, Banc of California has merged into Pacific Western Bank. The combined bank will operate under the Banc of California name and brand. read more

DEC 1, 2023 - 6:58 am

Banc of California and PacWest Bancorp received the necessary stockholder approval for the proposed combination of Banc of California and PacWest at their respective special meetings of stockholders held last week. read more

NOV 27, 2023 - 6:38 am

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. read more

OCT 20, 2023 - 6:30 am

Banc of California signed a definitive merger agreement with PacWest Bancorp. The combined holding company and bank will operate under the Banc of California name and brand following closing of the transaction. read more

JUL 26, 2023 - 7:03 am

Banc of California Inc., the holding company for Banc of California, appointed Joseph Kauder executive vice president and CFO of the company and the bank, effective July 10. Kauder will succeed Lynn Hopkins, who stepped down from the company in March. read more

JUL 6, 2023 - 6:57 am

Banc of California promoted several senior executives effective, while Lynn Sullivan will retire as the company’s executive vice president and chief risk officer at the end of the year. read more

DEC 20, 2022 - 7:20 am

Banc of California acquired the payments platform and technology of Global Payroll Gateway and its wholly-owned subsidiary, Deepstack Technologies, for $24 million in cash and stock. read more

SEP 16, 2022 - 7:35 am

Banc of California hired Jagdeep Singh Sahota as chief payments officer. Sahota has more than 20 years of experience in the payments space and previously held senior leadership positions at NMI, JPMorgan Chase, Visa, Salesforce and PayPal. read more

JUL 8, 2022 - 7:18 am

Banc of California hired Matthew Grimes for the new position of senior vice president and asset-based lending leader. In this position, Grimes will be responsible for leading the bank’s asset-based lending efforts.  read more

FEB 25, 2022 - 6:11 am

Banc of California hired Guillaume de Chalendar for the new position of senior vice president and head of media and entertainment. In this position, de Chalendar will be responsible for the strategy and growth of Banc of California’s media and entertainment vertical. read more

JAN 27, 2022 - 6:22 am

Banc of California and Pacific Mercantile Bank received all required regulatory approvals for the merger of Pacific Mercantile into Banc of California. Subject to the satisfaction of the remaining closing conditions, the transaction is scheduled to close on or about Oct. 18. read more

OCT 4, 2021 - 9:55 am

Banc of California appointed Alex Kweskin executive vice president and chief human resources officer, effective May 3. Kweskin joined Banc of California from MUFG Union Bank. read more

APR 16, 2021 - 6:33 am

Banc of California and Pacific Mercantile Bancorp, the holding company of Pacific Mercantile Bank, entered into a definitive agreement and plan of merger under which Pacific Mercantile will merge into Banc of California in an all-stock transaction valued at approximately $235 million. read more

MAR 23, 2021 - 7:15 am

Banc of California hired Kris Gagnon as chief credit officer. Gagnon joined from CIT Bank, where he served as chief credit officer. read more

FEB 12, 2018 - 6:53 am