Banking
Banc of California to buy PacWest | Bank Automation News
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PacWest Bancorp is set to merge with Banc of California and raise $400 million in equity from investors, the financial institutions announced Tuesday. PacWest had been in talks with potential investors or buyers since May, following the failure of Silicon Valley Bank and First Republic Bank. The new entity “will have operational and financial scale […]
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Vaidik Trivedi
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