Banc of California has completed its merger with PacWest Bancorp, creating the third largest bank headquartered in California. The combined business, which will operate under the Banc of California name, also completed a $400 million equity raise from various investment groups. The bank has sold around $1.9 billion in assets as part of a balance sheet repositioning strategy.
Michigan lifts lettuce warnings as cyclosporiasis cases fall
Michigan health officials eased the state’s guidance on lettuce consumption on Thursday amid declining numbers of cyclosporiasis cases. State residents are now advised to follow
