December 12, 2017
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Santa Ana’s Banc of California Inc., Orange County’s largest bank by assets, plans to cut its workforce by 9% to align its cost structure to focus on commercial banking.
How Did It Get Conned Out of $13.7M?
Beleaguered Banc of California (Nasdaq: BANC) has hit another rough patch.
Santa Ana’s Banc of California Inc. (NYSE: BANC) reported that it may have been the victim of a $13.7 million fraud.
Veteran banker … 30 years BofA, four years, chief executive Square 1 Bank specializing in venture capital until sale … leads biggest OC bank by assets, $10.2B at June 30, up 58% YOY … brought in after chief Steven