Sanoyans spent the last seven years at Wells Fargo, where he was most recently a vice president and senior private banker.

Shakelian also joins from Wells Fargo, where he served for ten years, most recently as a vice president and private banker.   

“We see a clear opportunity to continue to grow our private banking division over the course of 2016 and beyond,” said Steven Sugarman, chairman and chief executive at Banc of California.

Indeed the firm said it opened a new private banking office in Calabasas in March and expects to open another in Woodland Hills during the second quarter of 2016.