california

Axos loads up on more deposits (for free)

12/14/18

The San Diego bank has agreed to assume $225 million in deposits at no premium from Modern Woodmen of America, which is shuttering MWABank, its direct bank subsidiary.

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Waters nominated to chair House banking panel

12/11/18

The California congresswoman would be the first woman and first African-American to lead the committee.

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A challenge too good to pass up put Simone Lagomarsino back in the C-suite

12/10/18

The former head of Heritage Oaks Bancorp says she relishes a chance to reinvent Luther Burbank, a thrift that wants to make more commercial loans — a shift she has deftly orchestrated before.

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BayCom to expand Southern Calif. operations with Uniti purchase

12/10/18

Uniti Financial focuses on the Korean-American community through three offices around Los Angeles.

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Veteran banker to become CEO of Luther Burbank in California

12/03/18

Simone Lagomarsino, former CEO of Heritage Oak Bank, will succeed John Biggs next month.

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What sold a small California bank on PacWest (it wasn't the price)

11/30/18

Its bid for El Dorado Savings wasn’t the highest, but PacWest's image as a skilled dealmaker added value to its offer in the seller’s eyes.

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Investment company to buy Calif. community bank

11/29/18

Faciam Holdings will pay nearly $68 million for Summit Bancshares.

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Opus in Calif. parts ways with its founder

11/27/18

Stephen Gordon, who led the bank's recapitalization in 2010, is being replaced as CEO on an interim basis by former FirstMerit CEO Paul Grieg.

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HomeStreet snags San Diego branch, business lenders in deal with Silvergate

11/16/18

Silvergate is selling the branch to focus more on fintech deposits and specialty lending.

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SVB Financial to buy Boston investment bank

11/13/18

The California company will pay $280 million to buy Leerink Holdings, which focuses on health care and life sciences firms.

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