This isn’t going to be a news site for general local business — if you want that, try the Business Journal — but some general business news impacts startups. When a behemoth bank buys a local business bank, that’s a potential big deal to startups and other small companies.

Wells Fargo has bought Placer Sierra Bank, a Sacramento-based commercial bank. The all stock deal deal is valued at $645 million and is subject to approval by Placer Sierra shareholders.