california

How working with Freddie could boost one bank's profit

10/01/18

First Foundation sold loans to Freddie Mac to free up space for higher-yielding credits. It then bought the securities that were formed to replace other, lower-yielding assets through an often overlooked program.

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Terminated bank deal in Texas takes nasty turn

09/27/18

Hanmi Financial wants SWNB in Houston to pay a termination fee, citing "material breaches" of covenants tied to their now-defunct merger agreement.

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Why this fintech pulled its FDIC charter application

09/27/18

Colin Walsh, Varo Money's CEO, learned a lot from his first stab at deposit insurance. Lesson one: Work with one regulator at a time.

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California Gov. Brown should sign new bill to protect small businesses

09/25/18

The legislation would help small-business owners better evaluate financing options by requiring updated disclosures.

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Gov. Brown should veto California’s small-business lending bill

09/19/18

The legislation, which creates new disclosure standards for financing costs, could hamstring commercial lenders that offer revolving credit facilities.

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PacWest to enter northern Calif. with El Dorado Savings purchase

09/12/18

The Los Angeles company will also gain its first branches in Nevada after completing the $467 million acquisition.

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After merger goes sideways, two banks explore alternatives

08/31/18

Hanmi thought it was all set to buy SWNB in Houston, but the seller was unable to secure enough shareholder votes to back the deal.

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BofI in Calif. to rebrand its bank, most products

08/27/18

The decision to adopt the name Axos Bank seems to put more distance between the company and its Internet roots.

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Hanmi tweaks offer for Houston bank

08/21/18

Hanmi Financial in Los Angeles will pay more of the deal price in cash, prompting SWNB Bancorp to postpone its shareholder vote.

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Capital raise to pay off debt for California BanCorp

08/17/18

The Oakland bank has raised $25 million through a private placement of common stock.

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