california

Provident in Calif. to shutter originate-and-sell mortgage business

02/05/19

The company said the move reflects intense competition and a "significant decline" in origination volume.

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SVB Financial's large loans to PE, VC firms rise 48%

01/25/19

The parent company of Silicon Valley Bank predicted a strong year, saying the high-tech and other niches it serves are built to withstand current economic uncertainty.

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Heritage Commerce in California lines up CEO succession

01/25/19

Keith Wilton will also succeed Walter Kaczmarek as president in August.

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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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