california

High-cost lenders already seeking ways around crackdown in California

10/15/19

A law signed last week by Democratic Gov. Gavin Newsom caps interest rates on installment loans. But three large lenders are looking to avoid its restrictions by partnering with banks.

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What’s fueling Citizens’ westward expansion

10/09/19

The Providence, R.I., bank recently installed a new regional head in California to oversee a commercial banking expansion into five western states. The bank says it’s trying to craft a successful growth strategy while reassuring investors it isn’t overreaching.

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California blazing a trail on banking policy for other blue states

10/08/19

The state's Democratic-controlled Legislature has enacted laws establishing data privacy rights, giving municipalities the ability to set up public banks, and requiring standardized disclosures on small-business loans, among other issues. Lawmakers elsewhere are taking notice.

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Public banking gets green light in California

10/03/19

A new law authorizes municipalities in the nation’s largest state to charter their own financial institutions to reinvest public funds into the community.

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Bank of Marin begins search for next CEO

09/19/19

The California company said it has no timeline for Russell Colombo's expected retirement.

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California bank warns of large fraud-related charge-off

09/17/19

Private Bancorp of America is the latest bank to report a borrower issue in connection with a high-profile fraud case tied to liquor licenses.

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Banc of California warns of big charge-off tied to commercial client

09/10/19

The unnamed borrower was the victim of an alleged scam by another company.

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RBB entering Chicago with PGB acquisition

09/06/19

Both banks focus on the Chinese-American community.

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Inside a small bank's struggle to find a buyer

09/03/19

AltaPacific's recent agreement to sell itself to Banner Corp. came after it started down a list 14 financial institutions last year, held discussions with at least nine suitors, and considered deals with a credit union and a business development company.

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Pacific Mercantile hires regional banker as its CEO

08/30/19

Brad Dinsmore, who will also serve as the California company's president, once was in charge of several key lines at SunTrust, including consumer banking and private wealth management.

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