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 →
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.
