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News Stories (9 Results) - PacWest Bancorp

PacWest Bancorp announced that effective June 1, 2018, James J. Pieczynski will be named Vice Chairman.  In this newly created role Pieczynski will continue to work with CEO Matt Wagner to shape the strategic vision and evolution of the Company.... Read Story
May 01, 2018, 07:30 AM


PacWest Bancorp announced it has agreed to sell cash flow loans with an aggregate carrying value of $1.49 billion as of November 30, 2017 and expects to recognize a pre-tax gain of approximately $13 million. In connection with the sale of this... Read Story
December 11, 2017, 07:16 AM


PacWest Bancorp and CU Bancorp announced the signing of a definitive agreement and plan of merger whereby PacWest will acquire CU Bancorp in a transaction valued at approximately $705 million.CU Bancorp, headquartered in Los Angeles, CA, is the... Read Story
April 06, 2017, 07:19 AM


DecisionPoint Systems, a leading provider and integrator of Enterprise Mobility and Internet of Things (IoT) solutions, announced it has signed new commercial banking relationships with Union Bank combined with CapitalSource Business Financial Group... Read Story
August 23, 2016, 07:44 AM


Square 1 Bank, a division of Pacific Western Bank, is announced the following leadership promotions: Art Wasson was promoted from senior vice president, global treasury management, to executive vice president, Venture Capital Services + Global... Read Story
May 11, 2016, 07:39 AM


CapitalSource provided a $28.5 million senior term loan to facilitate the acquisition of an assisted living facility by WESTliving.  The facility is comprised of 180 units. Launched in 2009, WESTliving is a Carlsbad, CA based owner/operator  of... Read Story
July 15, 2015, 07:43 AM


CapitalSource announced it has provided a $56.1 million credit facility to Welcov Healthcare to refinance existing debt and provide growth capital to Welcov.  The credit facility includes a senior term loan, cash flow term loan and a revolving credit... Read Story
July 09, 2015, 08:03 AM


PacWest Bancorp and Square 1 Financial, Inc. today announced the signing of a definitive agreement and plan of merger (the "Agreement") whereby PacWest will acquire Square 1 in a transaction valued at approximately $849 million. The Square 1 lending... Read Story
March 02, 2015, 08:06 AM


PacWest Bancorp ("PacWest") announced that on April 7, 2014, it completed its previously announced merger with CapitalSource Inc. ("CapitalSource"). CapitalSource Bank, a wholly-owned subsidiary of CapitalSource, merged with and into PacWest's... Read Story
April 09, 2014, 07:22 AM