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

Arvest Bank launched its first product running on cloud-native core banking technology provided by Thought Machine. The equipment finance lending product, which launched in October 2022, was built, tested and delivered by Arvest in fewer than nine months. read more

FEB 27, 2023 - 7:00 am