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Opus Bank Expands Los Angeles Region Commercial Banking Team

May 26, 2015, 08:22 AM

Opus Bank announced the expansion of its Los Angeles Region Commercial Banking team with the hires of Douglas Rosenthal, a 35-year banking veteran, and Mark Deneen, a 34-year banking veteran, each joining as Managing Director, Senior Client Manager – Commercial Banking Division. Both Rosenthal and Deneen are focused on expanding Opus’ commercial and corporate client base in the Los Angeles metropolitan region.

Tom Hill, Senior Managing Director, Commercial Banking – Los Angeles Region, stated, “We are pleased that Doug and Mark have joined Opus Bank’s Los Angeles Region Commercial Banking team. Both are highly regarded banking veterans with a tremendous depth of experience providing commercial banking products, services, and solutions to entrepreneurs, business owners, corporations, and private equity sponsor-backed companies in the Los Angeles metropolitan market.” Hill added, “I’m confident that Doug and Mark’s years of experience and consistent history of success providing financing and advisory services and solutions to entrepreneurial companies will be immediately beneficial to Opus’ clients who have a vision to expand and grow.”

Rosenthal joins Opus most recently from Wells Fargo Capital Finance, where he served since 2005 as Senior Vice President. From 2003 to 2005, Rosenthal served as Vice President, Senior Relationship Manager at Mellon First Business Bank, where he was responsible for originating and maintaining a portfolio of middle market client accounts, primarily in the San Fernando and Santa Clarita Valleys. From 1997 to 2003, Rosenthal served as Senior Vice President at Coast Business Credit, where he directed the firm’s new business origination activities. From 1994 to 1997, he served as Senior Vice President and Team Leader for Silicon Valley Bank. Rosenthal began his banking career at First Interstate Bank, where he held numerous positions in middle-market and healthcare lending, Fortune 100 lending, and managing the bank’s training and development efforts.

Deneen joins Opus most recently from Triton Capital Partners, where he served as a Senior Managing Director and specialized in providing strategic advisory services and facilitating private placements of senior debt, subordinated debt, and equity. From 2006 to 2013, Deneen served as Senior Vice President, Assistant Marketing Manager at PNC Business Credit. From 2004 to 2006, Deneen served as Senior Vice President at CapitalSource, Inc. within its Asset-Based lending group. From 2003 to 2004, Deneen served as Senior Vice President at GE Capital, where he served as a new business originator within the Commercial and Industrial Finance and the Asset-Based Lending groups. Earlier in his career, Deneen served in business development roles focusing on commercial lending and corporate finance with GMAC Business Credit, Heller Financial, Fleet Capital Corporation, Bank of New York, Crocker National Bank, and Security Pacific National Bank.

Opus Bank is an FDIC insured California-chartered commercial bank with $5.6 billion of total assets, $4.3 billion of total loans, and $4.3 billion in total deposits as of March 31, 2015. Opus Bank provides high-value, relationship-based banking products, services, and solutions to its clients through its Retail Bank, Commercial Bank, Merchant Bank, and Correspondent Bank.

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