U.S. Bank’s $8B deal to buy Union Bank could make it region’s …
Sep 21, 2021 · Editor’s Note: This article was originally posted Sept. 21 and updated Sept. 23 with more reporting about the pending bank merger. Union Bank’s 29-branch network in the Tri-Counties will become part of U.S. Bank in an $8 billion deal that will give Union Bank’s Japanese parent a nearly 3% stake in Minneapolis-based U.S. Bancorp.
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Sale of SBB&T means end of an era | Pacific Coast Business Times
Mar 16, 2012 · After generating hundreds of millions of dollars for the bank, sold for $10 million in a fire sale after being nearly banned by the IRS. Clough said the program did not bring down the Santa Barbara Bank & Trust name. Instead, he said, the economic downturn torpedoed real estate values, and Pacific Capital sank with them.
Top Stories | Pacific Coast Business Times
Oct 23, 2024 · By Henry Dubroff / Friday, October 11th, 2024 / Columns, Economy, Latest news, Top Stories, Top Story / Comments Off on U.S. Bank CIO Freedman warns of inflationary pressures over coming months. If you want to navigate a turbulent time on geopolitics, keep your eye on inflation, trade and rising levels of U.S. government debt.
Sansum, Sutter Health finalize partnership | Pacific Coast Business …
Sep 29, 2023 · Sansum, Sutter Health finalize partnership. Ransohoff, Thomas, other key executives, physicians and community members gathered on Sept. 29 at Sansum’s 4151 Foothill Rd. campus, celebrating the fact that Sansum Clinic is now a member of Sutter Health. (courtesy photo) By Jorge Mercado Friday, September 29th, 2023.
Apeel CEO steps down, mission remains same
Feb 28, 2024 · Apeel Sciences founders, from left: Jenny Du, James Rogers and Louis Perez. Rogers won the Entrepreneur of the Year award. (courtesy photo) When James Rogers founded Goleta-based Apeel Sciences in 2012, he believed the hardest part of steering the company would be finding new ways to coat each fruit to help the …
Year: 2021 | Pacific Coast Business Times
Oct 10, 2024 · The Dec. 31 print edition of the Pacific Coast Business Times marks our annual Year In Review, featuring the biggest and best stories we published in 2021. Here is a look through our archives at the past year, a year marked by big deals, economic recovery and public health victories, but also by recurring waves Read More →.
Banc of California closes merger with PacWest, raises $400M
Nov 30, 2023 · Jared Wolff, CEO and President of Banc of California. (courtesy photo) Los Angeles-based Banc of California announced the completion of its all-stock merger with PacWest Bancorp, which will take effect Dec. 1. Announced on Nov. 30, Pacific Western Bank, a subsidiary of PacWest Bancorp, has now merged into Banc of California meaning the combined bank
Tony Biasotti | Pacific Coast Business Times
Oct 9, 2024 · Tony Biasotti | Thursday, October 6th, 2022. New laws could bring more housing, farm unionization Latest news, Law & Goverment, middle, Top Stories. Gov. Gavin Newsom signed nearly 1,000 bills into law from the latest legislative session, including a few that encourage building denser housing and one that could give labor unions a new foothold in organizing farmworkers.
CoastHills gains federal designation to expand its impact
Feb 1, 2024 · CoastHills Santa Maria Headquarters. (courtesy photo) Santa Maria-based CoastHills Credit Union and its board of directors have successfully agreed to convert the financial institution from a state-chartered Credit Union to a federally chartered Credit Union, a move that will help them serve even more people and one day lead to expansion.