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

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

Ares Management completed the acquisition of a $3.5 billion specialty finance loan portfolio from PacWest Bancorp. Barclays provided exclusive financing to Ares on the transaction. read more

JUN 26, 2023 - 7:01 am

PacWest Bancorp hired Angela Kelley as executive vice president, general counsel and corporate secretary. She also will serve as the executive vice president and general counsel for Pacific Western Bank, the wholly-owned banking subsidiary of PacWest Bancorp. read more

JUN 17, 2021 - 6:12 am

PacWest Bancorp and Pacific Western Bank began a senior leadership transition plan, which will be realized over the next three years. The plan involves the retention of Matthew P. Wagner as president and CEO through Dec. 31, 2023, after which he will transition to the role of executive chairman. read more

FEB 1, 2021 - 6:49 am

PacWest Bancorp announced it will acquire Square 1 for $849 million. The transaction is expected to close in Q4/15. read more

MAR 2, 2015 - 7:32 am