Business
Security Pacific Chairman Richard J.
March 1, 1987
The final federal approval for Security Pacific Corp. to acquire Arizona Bancwest Corp. in Phoenix has come with a slight hitch: Security Pacific’s subsidiary state-chartered bank in Irvine and its Arizona acquisition must halt their direct investments in real estate developments.
Sept. 16, 1986
World & Nation
Security Pacific is close to an agreement to buy Seattle’s Rainier Bancorporation, parent of Washington state’s second-largest bank, in a stock-swap deal worth about $1 billion, banking industry sources said Monday.
Feb. 24, 1987
In an escalation of a takeover battle that has yet to be formally announced, Unocal Corp. on Tuesday sued its own longtime bank over loans the bank made to Unocal’s undeclared suitor, Texas oilman T.
March 13, 1985
Travel & Experiences
Despite the high mortality rate of Southland ballet companies, small troupes hope by growing slowly they’ll beat the odds.
April 25, 1999
In a victory for lending institutions that financed leveraged buy-outs, a federal appeals court has ruled that Security Pacific Business Credit Inc. did not participate in a “fraudulent conveyance” of Jeannette Corp.
Aug. 19, 1992
BankAmerica Corp. said Monday that its merger with Security Pacific Corp. will result in the closing of nearly one-third of the new bank’s branches statewide--the majority in Southern California where the two institutions once competed fiercely for business.
Nov. 24, 1992
Ordinary telephone lines can now carry signals from household and business alarms without interrupting voice transmissions--thus saving the cost of installing and maintaining a special telephone line dedicated to the security service.
June 22, 1986
Shares of Wells Fargo & Co. and Security Pacific Corp. soared Friday as speculation heated up again that the two giant California banks are headed for a merger.
March 2, 1991
When former Gulf Oil Chairman Jerry McAfee resigned from the Mellon Bank advisory board last December to protest Mellon’s financing of a corporate raid, he fired off a letter to the bank.
May 9, 1985