Brian O'Shaughnessey's latest venture, Imperial Bancorp, LLC, is set to secure licensing in the next four to six months, when he expects that "spreads and interest rates will tighten and loans will be worth more."
"Athas decided to ‘bow out’ like gentlemen and not go out like some of our other competitors," said co-CEO Brian O'Shaughnessy. "We are choosing to close our business; we are not going out of business."