Sanwa Bank California, Los Angeles, has hired former Chase Manhattan executive Patrick J. McNicholas as vice president of the credit and administration division. He will oversee real es-tate credit quality, portfolio management, loan structuring and distribution, and credit training.

After leaving Chase Man-hattan-he had been its real estate division executive for Los An-geles-Mr. McNicholas established Westbrook Capital, an investment banking firm focused on real estate capital formation, acquisitions, and advisory services.

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