Company Information

Get to know PacWest Bancorp

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.

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PacWest Bancorp

United States

Founded in

1999 (27 Years)

Founded

Last online: No recent activity

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.