california

Calif. regulator settles with lender accused of evading rate cap

01/22/19

The consent order against California Check Cashing Stores is part of a broader crackdown by the Department of Business Oversight on small-dollar lenders trying to skirt interest-rate limits.

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Strong commercial lending offsets margin pressure at First Republic

01/15/19

The San Francisco company's quarterly earnings also reflected higher wealth management revenue.

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Alternative lenders try to fill void left by shutdown

01/11/19

The tricky part: raising awareness without appearing to take advantage of borrowers at a time when agencies like the SBA are out of commission.

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MUFG Union buys investment bank with middle-market focus

01/11/19

Intrepid Investment Bankers provides advice on M&A and capital markets activities.

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PacWest deal for El Dorado collapses

01/09/19

Tom Meuser, the chairman of El Dorado Savings in California, said he could not get the necessary two-thirds backing from his shareholders because of recent declines in bank stock prices.

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Public bank isn't the answer for California’s pot industry: Report

12/28/18

A state-backed bank would not be financially feasible because capital requirements would be too high and it likely wouldn’t return profits to the state for at least 30 years, consultants concluded.

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Hope Bancorp moves to shutter branches, hold SBA loans

12/28/18

The branch closures will reduce overhead by an estimated $1.9 million a year.

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Southern California bank's challenge: Build statewide brand

12/26/18

The pressure is on CEO Christopher Myers, one of our community bankers to watch, to make the most of CVB Financial's biggest acquisition to date.

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Banks must brace for renewed privacy fight

12/20/18

Financial institutions had used existing banking laws as a shield against broader privacy protections, but a California law enacted this summer could threaten that strategy.

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Navient must face Pa. lawsuit for alleged predatory lending

12/18/18

A U.S. District judge in Scranton denied the student lender's motion to dismiss the suit.

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