Latest
By Stephen Nellis / Friday, March 16th, 2012 / Banking & Finance, Banking Industry, Top Stories / Comments Off on Sale of SBB&T means end of an era
EDITOR’S NOTE: This is one part in a three-part package on Union Bank’s acquisition of Pacific Capital Bancorp, the parent of Santa Barbara Bank & Trust. Read the other two stories here: “Union deal rattles region’s banks.” A look at the key players in the banking landscape as the largest independent bank in the Read More →
Read More →
Latest
By Staff Report / Friday, March 16th, 2012 / Op/Eds, Opinion / Comments Off on Guest op/ed: SBB&T sale marks a turning point for the banking business
By Bill Watkins on March 16, 2012 Early in the morning on Monday, March 12, I received an email indicating that the stock of Santa Barbara Bank & Trust’s parent, Pacific Capital, was trading way above its recent market price. Clearly, something was up. Only hours later, The Pacific Coast Business Times had an article Read More →
Read More →
Latest
By Henry Dubroff / Friday, March 16th, 2012 / Columns, Opinion / Comments Off on This transaction pans out for Treasury, taxpayers
Pacific Capital Bancorp’s controlling shareholders cured one of the biggest TARP headaches when they inked a $46-per-share sale to Union Bank’s parent company.
Read More →
Latest
By Staff Report / Tuesday, December 28th, 2010 / Banking Industry, Latest news, Top Stories, Tri-County Public Companies / Comments Off on Pacific Capital hires Cal Fed veterans
Pacific Capital Bancorp, the parent of Santa Barbara Bank & Trust that was recapitalized and taken over by Texas banking heavyweights Gerald Ford and Carl Webb earlier this year, is bringing aboard a new group of executives that helped Webb and Ford build out their last big venture.
Read More →
