News Topic: california

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

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

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. ... Read full article

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

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

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. ... Read full article

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. ... Read full article

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

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. ... Read full article

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

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. ... Read full article

The San Francisco company's quarterly earnings also reflected higher wealth management revenue. ... Read full article

Intrepid Investment Bankers provides advice on M&A and capital markets activities. ... Read full article

The tricky part: raising awareness without appearing to take advantage of borrowers at a time when agencies like the SBA are out of commission. ... Read full article

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. ... Read full article

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. ... Read full article

The branch closures will reduce overhead by an estimated $1.9 million a year. ... Read full article

The pressure is on CEO Christopher Myers, one of our community bankers to watch, to make the most of CVB Financial's biggest acquisition to date. ... Read full article