19.08.2010 18:56:00
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The Private Bank of California Adds Bankers Nick Zappia and Sergio Sepulveda to Its Team
The Private Bank of California (the "Bank”) (OTCBB: PBCA) today announced the addition of two senior bankers to its expanding business development and relationship management team. Nick Zappia has joined the Bank as Executive Vice President and Sergio Sepulveda has joined the Bank as Senior Vice President.
"We are extremely pleased that Nick and Sergio have chosen to join our team at The Private Bank,” said Chief Executive Officer David R. Misch. "They are first-class business bankers who broaden our ability to provide first-class client service to companies throughout the Los Angeles basin.”
Nick Zappia brings twenty-five years of experience servicing the needs of business banking clients in the greater Los Angeles area to The Private Bank of California. Nick is active in the community as a member of the Corporate Advisory Council for the Los Angeles Universal Preschool. Sergio Sepulveda is a veteran banker with over twenty years of business banking experience at national and regional commercial banking ventures in Los Angeles.
About The Private Bank of California: The Bank is a boutique bank servicing high net worth individuals, their advisors and their business, personal and community interests primarily on the Westside of Los Angeles. The Bank is a California-chartered commercial bank operating from its headquarters office at 10100 Santa Monica Boulevard, Suite 2500, Los Angeles, California 90067. Additional information is available at www.tpboc.com or by calling 310.286.0710.
Forward-Looking Statements: Certain matters discussed in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to The Private Bank of California’s current expectations regarding deposit and loan growth and operating results. These forward-looking statements are subject to certain risks and uncertainties that could cause the actual results, performance or achievements to differ materially from those expressed, suggested or implied by the forward-looking statements. These risks and uncertainties include, but are not limited to: (1) the impact of changes in interest rates, (2) a decline in economic conditions, (3) an increase in competition among financial service providers impacting on the Bank’s operating results and ability to attract deposit and loan customers and the quality of the Bank’s earning assets and (4) an increase in government regulation. The Bank does not undertake, and specifically disclaims, any obligation to update any forward-looking statements to reflect occurrences or unanticipated events or circumstances after the date of such statements.
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