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A private-equity cash infusion is part of the merger between PacWest and Banc of California. One analyst expects a wave of deals for smaller banks. ....
Siena Capital Partners GP LLC acquired a new position in shares of Banc of California, Inc. (NYSE:BANC – Get Rating) in the first quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 121,699 shares of the bank’s stock, valued at approximately $1,525,000. Siena Capital Partners GP LLC owned about […] ....