EDITOR’S NOTE: This is one part in a three-part package on Union Bank’s acquisition of Pacific Capital Bancorp, the parent of Santa Barbara Bank & Trust. Read the other two stories here: “Union deal rattles region’s banks.” A look at the key players in the banking landscape as the largest independent bank in the Read More →
By Henry Dubroff and Marlize van Romburgh on March 12, 2012 Eighteen months after injecting $500 million to save Pacific Capital Bancorp, its Texas owners are selling to Union Bank’s parent for an estimated $1.5 billion. The deal would rebrand the 52-year-old Santa Barbara Bank & Trust franchise as Union Bank and create a foothold Read More →
Los Angeles-based Caruso Affiliated is one step closer to breaking ground on Miramar Beach Resort & Bungalows in Montecito after the Santa Barbara County Board of Supervisors voted to move forward on an ordinance that would give hotel developers a 10-year tourism tax break. Rick Caruso’s development company, which is at the helm of the Read More →
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Network Hardware Resale is tapping into a potentially lucrative new market as health care providers around the country make the switch to electronic records, and Sansum Clinic is among the computer equipment company’s biggest customers. The two Santa Barbara businesses are teaming up to build a network for Sansum Clinic’s electronic health record system, which Read More →
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By Dana Olsen / Friday, February 24th, 2012 / Agribusiness, Top Stories / Comments Off on Ventura County ag leaders push for ‘buy local’ movement
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