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Stock Market & Financial Investment News

News Breaks
May 14, 2014
09:30 EDTBANCBanc of California announces $50M common stock and $50M tangible equity offering
BofA Merrill Lynch is acting as book-running manager for the offerings. Wachtell, Lipton, Rosen & Katz is serving as outside legal counsel to the Company.
News For BANC From The Last 14 Days
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August 24, 2014
22:01 EDTBANCSterne Agee to hold a tour
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August 19, 2014
17:25 EDTBANCPL Capital sends letter to Banc of California, questions CEO leadership
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17:20 EDTBANCPL Capital raises stake in Banc of California to 7.9% from 7.5%
The PL Capital Group has significant concerns and questions about the companyís corporate governance, operating performance, financial projections and compensation plans. PL Capital Groupís intent is to engage in a dialogue with the management and board of the company to address these concerns and questions. If needed, the PL Capital Group will assert its stockholder rights.

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