StageAcq - P2P | Acquired
CapitalSource (NYSE:CSE), through its wholly owned subsidiary CapitalSource Bank, makes commercial loans to small and middle-market businesses nationwide and offers depository products and services in 21 retail branches in southern and central California. CapitalSource, headquartered in Los Angeles, had total assets of $8.5 billion and total deposits of $5.7 billion as of March 31, 2013.
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Latest CapitalSource News
Sep 14, 2022
Forbright Bank Makes Key Additions to Executive Management Team September 14, 2022, 07:22 AM Forbright Bank announced three additions to its executive management team to position the Bank for long-term success and continue building a nationwide full-service bank that is helping accelerate the transition to a sustainable and clean energy economy. Together, these individuals bring more than six decades of experience and will oversee the Bank’s risk management, BSA/AML compliance and legal departments. Lisa Cuba has been appointed Executive Vice President, Chief Risk Officer and will oversee Enterprise Risk Management, Compliance and BSA. Kori Ogrosky has been named Executive Vice President, Chief Legal Officer and Corporate Secretary and will oversee legal and corporate services. “At Forbright, we believe a sustainable orientation will create the most long-term value for our customers, our shareholders, our employees, and society,” said Don Cole, Chief Executive Officer. “An important part of being sustainable is ensuring we are operating at the highest standards with respect to risk management and ensuring our services are not misused. These leaders represent the type of experienced professionals the bank is attracting, and this new team will strengthen all aspects of the bank and help us continue accelerating the transition to a clean energy economy.” Cuba joins Forbright Bank as EVP, Chief Risk Officer. She will lead the Bank’s risk management programs and culture. Cuba is a career banker with over 20 years of risk management experience, including enterprise risk management, compliance, BSA, project management, and credit administration. Her experience includes both community and midsize banks where she was most recently SVP, Director of Enterprise Risk Management for Atlantic Union Bank. Cuba has an MBA from the University of South Carolina and a Bachelors of Business Administration in Finance from the College of William and Mary. Ogrosky has been named Forbright’s Executive Vice President, Chief Legal Officer and Corporate Secretary. With over 25 years of legal and financial institutions experience, Ogrosky is an accomplished corporate attorney and brings extensive experience in strategic planning, corporate transactions, securities issuances, mergers and acquisitions, and governance and risk management. Most recently, Ogrosky was the Executive Vice President, General Counsel and Corporate Secretary with Pacwest Bancorp. Prior to that, Ogrosky worked for nine years with CapitalSource Inc. in many different roles including Executive Vice President, General Counsel and Corporate Secretary. Prior to CapitalSource, Ms. Ogrosky worked at White and Case LLC in their corporate legal and M&A department. Ogrosky earned her JD from George Washington University Law Center and BA from Emory University. Samaga joins Forbright Bank as EVP, BSA/AML Officer. He is an accomplished risk and compliance professional with over a 20-year track record in financial crimes compliance, risk governance, information technology, and data analytics. Samaga has led many large complex programs in BSA/AML, OFAC, Trade Surveillance, Anti-Fraud, and Internal Audit for large global financial institutions. His prior experience includes working for Treliant, Key Bank, First Niagara Bank, Ernst & Young and Oracle. Samaga holds a Bachelor of Science in Physics, Master of Science in Computer Applications, and an MBA in Finance. Forbright Bank rebranded from Congressional Bank. It is a full-service bank, commercial lender and asset manager headquartered in Chevy Chase, MD, that is committed to accelerating the transition to a sustainable, clean energy economy by financing the companies, investors, and innovators driving that change.
CapitalSource Frequently Asked Questions (FAQ)
When was CapitalSource founded?
CapitalSource was founded in 2000.
Where is CapitalSource's headquarters?
CapitalSource's headquarters is located at 633 West 5th Street, Los Angeles.
What is CapitalSource's latest funding round?
CapitalSource's latest funding round is Acq - P2P.
How much did CapitalSource raise?
CapitalSource raised a total of $540M.
Who are the investors of CapitalSource?
Investors of CapitalSource include PacWest Bancorp, Highfields Capital Management, Och-Ziff Capital Management Group, Rosewood Capital, FFL Partners and 5 more.
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