california

A solution to California’s pot-banking problem: Its own central bank

02/20/18

The effort would help the state support its burgeoning cannabis industry without interference from federal financial regulators.

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Banc of California hits reset after rocky 2017

02/14/18

The company, which recently shareda three-year plan to bring in more lower-cost deposits and commercial loans, seems ready to play offense a year after the abrupt ouster of its CEO.

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Pacific Premier to top $10B in assets with latest acquisition

02/12/18

The California company has agreed to buy Grandpoint Capital, a business bank in Los Angeles, for $641 million.

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This bank scrapped its SBA playbook for a better one

02/07/18

Patriot National in Connecticut planned to build a regional small-business lending operation on its own — until it had a chance to buy a national platform.

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National expansion bid will test large SBA lender

02/02/18

Seacoast Commerce is San Diego is already one of the biggest Small Business Administration lenders — half the loans on its books are tied to SBA programs. But will its underwriting hold up outside its traditional markets?

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Upstart's first step in testing fraud product: Buy a bank

01/25/18

Nano Financial will offer new technology to Commerce Bank's commercial customers as it considers ways to license it to other financial institutions.

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Regulators grapple with fallout from Justice Dept. U-turn on pot

01/18/18

Attorney General Jeff Sessions did not keep the rest of Washington apprised of his plan to rescind an Obama-era memo on pot. Now Fincen and other federal banking agencies are dealing with the backlash from that decision.

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Early returns: 2018's top-performing bank stocks

01/17/18

Which large and midcap bank stocks have the most momentum? These 12 banks started the year off with the biggest bang, as measured by gains in stock price.

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San Diego de novo bank sets opening date

01/17/18

Endeavor Bank, which raised nearly $27 million, will become the second new bank to open in California in the past year when it debuts next week.

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Data security takes center stage as state legislatures convene

01/11/18

If Congress doesn’t take the lead on better protecting consumers from data breaches, states are more than ready to offer their own fixes. Bankers will also be keeping close tabs on bills related to marijuana, PACE loans and elder financial abuse.

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