{
  "id": 19376,
  "title": "Banc of California sees surprise $251.3M loss",
  "url": "https://urgent.news/2026/07/29/banc-of-california-sees-surprise-251-3m-loss",
  "topic": "world",
  "section": "World",
  "published": "2026-07-29T16:21:46.000Z",
  "source": {
    "name": "Banking Dive",
    "slug": "banking-dive",
    "url": "https://www.bankingdive.com/news/banc-california-251-million-loss-cre-securities-subordinated-debt/826491/"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Los Angeles lender repositioned securities into shorter-duration, higher-yielding products. It also launched the sale of $827 million in real estate and multifamily loans and retired $385 million in debt.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}