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James J. Pieczynski

CapitalSource to merge with PacWest Bancorp in $2.3b deal

Schmidt: Security group will be impacted ‘in a positive way’
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07/24/2013

CENTURY CITY, Calif.—CapitalSource will still be a source of lending for the security industry after it merges with PacWest Bancorp in a $2.3 billion deal early next year. In fact, CapitalSource’s managing director Will Schmidt says he expects the security team to grow in the next few months.