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MEDIA COVERAGE
LA Mayor Karen Bass News Conference
Banc of California Designates Los Angeles as Headquarters and Donates $1 Million to Expand Financing Options for Small Businesses
Announcements made in joint press conference with Los Angeles Mayor Karen Bass
LOS ANGELES — Banc of California, Inc. (NYSE: BANC) has designated Los Angeles as its new headquarters and has contributed $1 million to help small businesses thrive, CEO Jared Wolff announced today at a joint press conference with Los Angeles Mayor Karen Bass.
“As a native Angeleno, I know the power and promise of Los Angeles and the entrepreneurs and businesses that make it great,” said Wolff. “As California’s leading business bank, we are designating Los Angeles as our headquarters to further serve this vibrant business community.”
“Los Angeles is open for business, and City Hall will advocate to make it easier for businesses to open, expand and thrive,” said Mayor Bass, who was joined by Los Angeles City Council President Paul Krekorian, Councilwoman Traci Park, and Deputy Mayor for Business and Economic Development Rachel Freeman. “When you make a change, you see results, and one of those results is that Banc of California is now here in Los Angeles.”