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Stock Market & Financial Investment News

News Breaks
April 8, 2014
05:47 EDTBANCBanc of California downgraded to Market Perform at Raymond James
Raymond James downgraded Banc of California to Market Perform from Outperform on expectations the company's noninterest expense will decrease more modestly than previously thought.
News For BANC From The Last 14 Days
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October 23, 2014
16:18 EDTBANCBanc of California obtains regulatory approval for Popular Community Bank branch
Banc of California announced receipt of regulatory approval from the Office of the Comptroller of the Currency for the previously announced acquisition by Banc of California, N.A., the company’s wholly owned banking subsidiary, of Popular Community Bank’s California branch operations, consisting of twenty branches representing approximately $1.1B in loans and $1.1B in deposit balances. The transaction is expected to close on November 7, pending satisfaction of other customary closing conditions. Upon closing of the transaction, Banc of California will have 38 branches and over $5.5B in total assets.

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