Imperial Bancorp of Inglewood, Calif., has established a Southern California life sciences group to serve the banking needs of start-up companies in the biotechnology, medical devices, and e-health industries.
Anna Maria Frost-Jensen, a senior vice president, is heading the San Diego-based group. It is part of Imperials emerging-growth division, which offers financial services to early-stage technology companies.
Imperial has $7 billion of assets.