california

Banc of California hires CEO with specialty lending, M&A experience

03/05/19

Jared Wolff, a former PacWest executive, had been the general counsel at City National Bank.

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Banks won’t be able to remain on sidelines of privacy debate

03/03/19

The data breach at Equifax and Facebook's scandals have made data privacy a big issue to state and federal lawmakers. Here's why banks need to be worried.

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The states at the forefront of consumer privacy legislation

03/03/19

California and others have passed consumer privacy laws, and lawmakers in Congress are beginning to address the issue.

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Several banks disclose exposure to clean energy firm's bankruptcy

03/01/19

At least four banks may lose certain tax benefits if it is proven that DC Solar operated an investor scheme.

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Brace for West Coast CRE bubble inflated by tech boom: Bank chief

02/28/19

Bank of Marin CEO Russ Colombo is tightening up pricing and terms, citing soaring real estate prices in markets like San Francisco.

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Wells Fargo loan officers granted class action in Calif. pay dispute

02/08/19

A lawsuit alleging Wells Fargo improperly compensated its California-based mortgage loan officers could have broader ramifications now that it has been granted class certification.

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Chase, Wells, BofA to waive ATM fees for public-benefits recipients

02/08/19

The three large banks banks are joining a number of institutions in agreeing to eliminate fees for Californians who receive benefits via electronic transfer cards. Chase and BofA will also waiving the fees nationwide.

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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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