PacWest Bancorp
Information by Research Trustfinance
PacWest Bancorp was a bank holding company headquartered in Beverly Hills, California, with its primary subsidiary being Pacific Western Bank. Founded in 1999, the company grew to become a significant regional bank focused on commercial banking for small and medium-sized businesses, with specialized services in venture banking, real estate, and community association banking. Following significant market pressure during the 2023 regional banking crisis, PacWest Bancorp entered into a merger agreement with Banc of California. The merger was completed on November 30, 2023, creating a new, larger regional bank operating under the Banc of California name and brand.
United States
Industry
- BankingPRIMARY
- Other Service
Financial
HQ Location