March 15, 2019
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Mechanics Bank said it completed its acquisition of Rabobank, N.A., a subsidiary of Rabobank Group, for $2.1 billion.
BANKS: Mechanics to be state’s 9th largest
OC finance executive John DeCero is shooting up the banking ladder in California after pulling off yet another unusual deal.
Mechanics Bank, whose Chief Executive John DeCero splits half of his time in its Irvine office, purchased Rabobank N.A. for $2.1 billion.