PacWest

Report: Regional Lenders Banc of California and PacWest Negotiate Combination
Report: Regional Lenders Banc of California and PacWest Negotiate Combination
July 25, 2023  |  Partnerships / Acquisitions

Regional lenders Banc of California and PacWest Bancorp are reportedly in advanced negotiations to combine. A deal could be announced as soon as Tuesday (July 25), when both banks are scheduled...

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SVB’s Former Owner May Have to Wait to Claim $2 Billion
SVB’s Former Owner May Have to Wait to Claim $2 Billion
May 04, 2023  |  Regulation

SVB Financial wants to collect $2 billion it is owed. The FDIC says: Wait your turn. The company, which owned the failed Silicon Valley Bank, hopes...

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