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Jamie Armistead is focusing Bank of the West's mobile and online efforts on design principles.
June 8 -
The San Francisco bank will lend to more borrowers with weaker credit histories, an official at the bank said. Bank of the West, a BNP Paribas subsidiary, has proven to be more aggressive than U.S. peers in the past.
January 9
Bank of the West in San Francisco has sold its insurance subsidiary to an insurance brokerage.
Hub International in Chicago acquired BW Insurance Agency on Aug. 3 from the $71 billion-asset Bank of the West, a unit of France's BNP Paribas. Financial terms were not disclosed.
BWIA's chief administrative officer Wayne Dauwen will become chief operating officer for Hub, based in Fargo, N.D. The agency's finance manager Bruce Gaughan and other regional sales and operations leaders will also join Hub.
BWIA, an independent insurance agency that operated in eight states, was a multiline property and casualty, personal and employee benefits brokerage. Its focus included agriculture, real estate, energy, transportation and construction.
