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.
Ingram Micro confirms ransomware incident – Reseller News
Summarize this content to a maximum of 60 words: Ingram Micro confirms ransomware incident Reseller News
