Banq

Aureus Asset Management Appoints Thad Davis as President and Chief Executive Officer

Retrieved on: 
Tuesday, April 9, 2024
Asset Management, Professional Services, Finance, Aureus, Harvard College, Culture, Entrepreneurship, Banq, Putnam Investments, Executive, Research, MBA, CFA, Montgomery Securities, Management

Aureus Asset Management (“Aureus” or the “Firm”), an independent investment firm dedicated to delivering long-term performance and unparalleled service to high-net-worth individuals, families, and institutional investors, today announced that Thad Davis has been appointed President and Chief Executive Officer of the Firm.

Key Points: 
  • Aureus Asset Management (“Aureus” or the “Firm”), an independent investment firm dedicated to delivering long-term performance and unparalleled service to high-net-worth individuals, families, and institutional investors, today announced that Thad Davis has been appointed President and Chief Executive Officer of the Firm.
  • Karen Firestone, Co-Founder of Aureus who previously served as Chairman and Chief Executive, has transitioned to serve as Executive Chairman.
  • Mr. Davis joined Aureus in 2005, the year the Firm was founded, as co-portfolio manager of its Core Equity Strategy.
  • Prior to joining Aureus, Mr. Davis was with Bear Stearns Asset Management where he was a vice president responsible for research and management of small and large-cap value equity portfolios.

Banc of California Announces New Community Banking Leaders

Retrieved on: 
Tuesday, April 9, 2024
Finance, Business, Banking, Professional Services, Small Business, Baron, Banq, Commercial property, BANC, Banc of California, Warner Center, Los Angeles, PacWest Bancorp, Treasury, Disability, Bank

Banc of California, a wholly owned subsidiary of Banc of California Inc. (NYSE: BANC), announced today that it has promoted several leaders in Community Banking, which provides in-market relationship lending and treasury management solutions through its network of branches and regional offices.

Key Points: 
  • Banc of California, a wholly owned subsidiary of Banc of California Inc. (NYSE: BANC), announced today that it has promoted several leaders in Community Banking, which provides in-market relationship lending and treasury management solutions through its network of branches and regional offices.
  • Chris Baron has been promoted to President, Community Banking, to oversee Banc of California’s five regions in California and Colorado, along with its national asset-based lending business finance team.
  • Baron is based in Beverly Hills, California, and reports to Hamid Hussain, President of Banc of California.
  • In addition, he sits on the BANC Foundation board for Banc of California.

Recast Capital Announces Spring Cohort for 2024 Enablement Program

Retrieved on: 
Tuesday, March 26, 2024
Banq, Partner (business rank), Environment, LP record, Enablement, Citizens Bank

NEW YORK, March 26, 2024 /PRNewswire/ -- Recast Capital, a platform dedicated to investing in and supporting emerging managers in venture, today announced the eighth cohort of its Enablement Program.

Key Points: 
  • Designed from feedback from the emerging manager community, the tuition-free initiative aims to support the next generation of venture capitalists
    NEW YORK, March 26, 2024 /PRNewswire/ -- Recast Capital , a platform dedicated to investing in and supporting emerging managers in venture, today announced the eighth cohort of its Enablement Program .
  • The program is supported in 2024 by Gunderson Dettmer, Strut Consulting, Antares Capital, Banc of California, Citizens Bank, Cornerstone Fund Services, Frank, Rimerman & Co., and Sydecar, among others.
  • "In light of the current fundraising environment for emerging managers, programs like Enablement are all the more imperative," says Recast Capital Co-Founder and Managing Partner, Sara Zulkosky.
  • The Recast Enablement Spring 2024 cohort includes:

Credit and Loan Origination Industry Veteran Phil Soh Joins GreenLake Asset Management

Retrieved on: 
Monday, March 11, 2024
Citizens Business Bank, TAFE Queensland, BOC, Wachovia, Banc of California, PacWest Bancorp, Acquisition, LPL Financial, Banq, Financial services

LOS ANGELES, March 11, 2024 /PRNewswire/ -- GreenLake Asset Management ("GreenLake" or the "Firm"), a nationwide leader specializing in providing short-term commercial real estate bridge loans, today announced that Phil Soh has joined the Firm as a Managing Director. Mr. Soh will focus on new credit originations spanning the commercial real estate market. 

Key Points: 
  • LOS ANGELES, March 11, 2024 /PRNewswire/ -- GreenLake Asset Management ("GreenLake" or the "Firm"), a nationwide leader specializing in providing short-term commercial real estate bridge loans, today announced that Phil Soh has joined the Firm as a Managing Director.
  • Mr. Soh will focus on new credit originations spanning the commercial real estate market.
  • Mr. Soh brings to GreenLake more than two decades of experience in management, credit administration, underwriting and sales.
  • Before that, he held senior credit and business development positions at Citizens Business Bank and Wells Fargo / Wachovia Bank.

CoreCard and Banc of California Partner to Create Next Generation Commercial Card

Retrieved on: 
Wednesday, February 21, 2024
Banc of California, Intelligent Systems (American company), Banq, Partnership, Bank

This collaboration aims to empower Banc of California's upcoming generation of commercial card products through the implementation of CoreCard's cutting-edge technology payments platform.

Key Points: 
  • This collaboration aims to empower Banc of California's upcoming generation of commercial card products through the implementation of CoreCard's cutting-edge technology payments platform.
  • ”We’re excited to partner with Banc of California, and we believe our commercial card solution will allow the bank to set a new standard in the industry,” said Leland Strange, CEO at CoreCard.
  • “Our platform will enable bank commercial card programs to expand markets and find unparalleled value.
  • To learn more about Banc of California, please visit bancofcal.com .

Banc of California Names Greg Smith to Lead Digital Strategy

Retrieved on: 
Thursday, March 7, 2024
Professional Services, Apps, Applications, Technology, Finance, Software, Banking, Innovation, Woman, Digital, Banq, Smith, Banc of California, City National Bank, Parenting, Elizabeth House, Transamerica, BANC, Cryptocurrency

Banc of California, a wholly owned subsidiary of Banc of California Inc. (NYSE: BANC), announced today that industry leader Greg Smith has joined the company as senior vice president of Digital Strategy.

Key Points: 
  • Banc of California, a wholly owned subsidiary of Banc of California Inc. (NYSE: BANC), announced today that industry leader Greg Smith has joined the company as senior vice president of Digital Strategy.
  • In this role, Smith is leading a team that will augment the bank’s client-centric digital experience, including its online and mobile banking tools.
  • Smith is based in Los Angeles and reports directly to Chief Operating Officer John Sotoodeh.
  • “It was clear to me from the start that Banc of California is committed to technology and innovation, which is why I’m thrilled to be leading its team of very talented digital strategy professionals.”

Banc of California Named by Newsweek as One of America’s Greatest Workplaces for Women 2024

Retrieved on: 
Wednesday, March 6, 2024
Technology, Women, Payments, Finance, Fintech, Banking, Professional Services, Small Business, DEI (Diversity, Equity and Inclusion), Consumer, Interface (computing), Banc of California, Workplace, Multimedia, Banq, Engagement, Culture, PacWest Bancorp, Inclusion, Workforce, BANC, Nursing

Banc of California, Inc. (NYSE: BANC) today announced that its wholly owned subsidiary and premier relationship-focused business bank, Banc of California, has been recognized by Newsweek and Plant-A Insights Group as one of America’s Greatest Workplaces for Women 2024 .

Key Points: 
  • Banc of California, Inc. (NYSE: BANC) today announced that its wholly owned subsidiary and premier relationship-focused business bank, Banc of California, has been recognized by Newsweek and Plant-A Insights Group as one of America’s Greatest Workplaces for Women 2024 .
  • Banc of California is one of only four companies in the banks category to earn five out of five stars.
  • View the full release here: https://www.businesswire.com/news/home/20240306989397/en/
    “Banc of California is thrilled to be recognized as having a great workplace for women,” said Jared Wolff, CEO of Banc of California.
  • To that end, Newsweek and Plant-A Insights are proud to introduce America’s Greatest Workplaces for Women.”

Banc of California Names Venture Banking Leader Michael David to New Role as Head of Technology Banking-West

Retrieved on: 
Thursday, February 22, 2024
Finance, Banking, Professional Services, Asset Management, Fintech, Banc of California, Banq, Silicon, Treasury, Imperial Bank, BANC, Bridge bank

Banc of California, Inc. (NYSE: BANC) today announced that Michael David has joined its wholly owned subsidiary, Banc of California, California’s premier relationship-focused business bank, in the newly created role of executive vice president for Technology Banking-West, part of the Venture Banking group.

Key Points: 
  • Banc of California, Inc. (NYSE: BANC) today announced that Michael David has joined its wholly owned subsidiary, Banc of California, California’s premier relationship-focused business bank, in the newly created role of executive vice president for Technology Banking-West, part of the Venture Banking group.
  • David, formerly with Bridge Bank, will be based in Menlo Park, California, and report to Sean Lynden, president of the Venture Banking group.
  • “Michael brings more than two decades of experience in venture banking to this new role, and he and his team will bring Banc of California’s expanded venture banking capabilities and expertise to a whole new set of clients,” said Lynden.
  • The Venture Banking group offers a broad range of venture debt, fund finance, and treasury and cash management solutions.

Wugen Strengthens Executive Leadership Team with Appointment of Keith Vendola, M.D., M.B.A. as Chief Financial Officer

Retrieved on: 
Wednesday, January 3, 2024
Banq, CFO, Research, College, SAN, JPMorgan Chase, BofA Securities, Harvard Business School, Bank of America, Geisel School of Medicine, Holy Cross, IPO, Patient, Therapy, Psychology

Dr. Vendola has over two decades experience in healthcare corporate finance and company building.

Key Points: 
  • Dr. Vendola has over two decades experience in healthcare corporate finance and company building.
  • He has worked as an executive, advisor, and investment banker, helping healthcare companies across verticals and sizes.
  • Dr. Vendola joins Wugen from IO Biotech, where he served as CFO during its IPO.
  • Prior, he served as CFO and chief strategy officer at Rezolute, leading the company through financial transformation and Nasdaq listing.

Banc of California and PacWest Bancorp Receive Stockholder Approvals for their Merger

Retrieved on: 
Wednesday, November 22, 2023
Banq, Banc of California, PacWest, BANC, LOS, PacWest Bancorp

SANTA ANA, Calif. and LOS ANGELES, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Banc of California, Inc. (“Banc of California”) (NYSE: BANC) and PacWest Bancorp (“PacWest”) (Nasdaq: PACW) today jointly announced that, at their respective special meetings of stockholders held earlier today, they each received the necessary stockholder approval for the proposed combination of Banc of California and PacWest.

Key Points: 
  • SANTA ANA, Calif. and LOS ANGELES, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Banc of California, Inc. (“Banc of California”) (NYSE: BANC) and PacWest Bancorp (“PacWest”) (Nasdaq: PACW) today jointly announced that, at their respective special meetings of stockholders held earlier today, they each received the necessary stockholder approval for the proposed combination of Banc of California and PacWest.
  • The transaction is expected to close as planned on or around November 30, 2023, subject to the satisfaction of certain closing conditions.
  • “We are very pleased that the merger has received overwhelming approval from stockholders of each institution,” said Jared Wolff, President and CEO of Banc of California.
  • The merger also creates a well-capitalized and highly liquid institution that will provide our clients with exceptional service and expanded expertise.