Press Release

Bank of the West Opens Wealth Management Center in Newport Beach
San Francisco, CA | May 15, 2014

Location is Dedicated to Serving Wealth Management Clients in Orange County

Bank of the West today announced the opening of its new wealth management center in Newport Beach, located at 4400 MacArthur Boulevard. Situated on the first floor of the building, this center is the hub of the bank's growing wealth management presence in Orange County, serving affluent and high net worth clients' specific needs. To formally welcome clients to its new center, Bank of the West will hold a community grand opening event on May 28, from 4 to 6 p.m., with special guest Newport Beach Mayor Rush Hill. As part of the celebration and as a token of appreciation to the Newport Beach community, Bank of the West will present a donation to Project Access to aid the non-profit organization in its mission to provide education and employment services to families, children and seniors living in low-income housing communities.

"Ever since we relaunched our wealth management offering several years ago, we've had a very strong and positive response from clients in Orange County. Given our growth locally, we're proud to now provide a comfortable, private and dedicated space for our clients, conveniently located next to one of our newest retail banking branches," said John Bahnken, head of the bank's Wealth Management Group and senior executive vice president. "We're finding that our affluent and high net worth clients appreciate meeting with us in a space that enables us to bring our team together and talk with them about all of their needs, including retirement, strategic use of credit, business transitions, investment management, financing education for future generations and legacies, estates and trusts."

"We have a wide range of clients, from small to mid-size business owners and corporate executives to those who have inherited their wealth," said Edward Mora, senior vice president and market leader for the Orange County wealth management team. "With our team-based approach, we now have the perfect space to work closely with our clients on very individualized and holistic plans that help to build, maintain, protect and transfer their wealth."

Boasting a sleek and contemporary design, the new center showcases artwork by celebrated California artists commissioned by Bank of the West. In the lobby, a triptych of glass art by Orange County award-winning glass artist Margaret Willmoth Jensen titled "Harmony" will be on display. Inspired by the Newport coast, it seeks to bring nature into the space. Paintings from Northern California artist Susan Jenkins are also featured throughout the office.

The Newport Beach location adds to Bank of the West's expanding number of wealth management centers, now found in San Francisco, San Jose, Palo Alto, Walnut Creek, Denver, Los Angeles, Beverly Hills and Pasadena.

Bank of the West Wealth Management provides wealth planning consulting, investment management*, personal banking and trust services. The group is part of BNP Paribas' global wealth management business of more than 6,000 professionals in 30 countries worldwide with over $10 billion** in assets under management in the United States and $397 billion (€288 billion) in assets under management globally as of December 31, 2013.

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