Members of the media are invited to a press conference with Los Angeles Mayor Karen Bass, Banc of California CEO Jared Wolff, and other local leaders on Tuesday, Dec. 5. Banc of California will announce a major donation and significant business decision. These announcements follow the successful Nov. 30 close of its transformational merger with PacWest Bancorp. The combined company is now the third-largest bank based in California and one of the nation’s premier relationship-focused business banks.
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WHAT:
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Major donation and important business decision from Banc of California
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WHEN:
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Tuesday, Dec. 5, 8 a.m. PST
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WHERE:
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Media should contact Jennifer Saylors (Jenn.Saylors@bancofcal.com) to register for the event and to obtain the address and parking information
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WHO:
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Karen Bass, Mayor of Los Angeles
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Jared Wolff, CEO of Banc of California
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Rachel Freeman, Deputy Mayor for Business and Economic Development
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About Banc of California, Inc.
Banc of California, Inc. (NYSE: BANC) is a bank holding company headquartered in Los Angeles with one wholly-owned banking subsidiary, Banc of California (the “bank”), and approximately $36 billion in assets. Banc of California is one of the nation’s premier relationship-based business banks focused on providing banking and treasury management services to small-, middle-market, and venture-backed businesses. Banc of California offers a broad range of loan and deposit products and services through more than 70 full-service branches throughout California and in Denver, Colorado, and Durham, North Carolina, as well as full-stack payment processing solutions through its subsidiary, Deepstack Technologies. The bank is committed to its local communities by supporting organizations that provide financial literacy and job training, small business support, affordable housing, and more. For more information, please visit us at www.bancofcal.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20231204211706/en/