california

Banks in wildfires' path scramble to contact employees

11/13/18

Assessments of damage to branches and customers' homes have been elusive.

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Siding with landlords and lenders, Calif. voters reject expanded rent control

11/07/18

Real estate and mortgage industry groups outspent proponents three-to-one to defeat Proposition 10, a measure to allow California municipalities to set local rent control laws.

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An Iowa bank’s mandate for selling itself: Simplify

10/26/18

ATBancorp had an unusual footprint that included a small bank and a number of fee-based businesses. But it had to slim down before it could find a buyer.

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JPMorgan to build a Silicon Valley campus for 1,000 employees

10/19/18

JPMorgan Chase plans to open a fintech campus in Palo Alto, California, part of the bank's efforts to attract more Silicon Valley talent.

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Balance sheet growth boosts East West's quarterly profit

10/18/18

The California company reported increases in loans and deposits, along with a wider net interest margin.

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Axos seeks boost in deposits, fee income with latest niche deal

10/04/18

In what would be its third acquisition in a year, the company formerly known as BofI Holding is buying a firm that clears trades for independent broker-dealers.

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Hanmi files lawsuit blaming SWNB and its board for merger's failure

10/03/18

Hanmi alleges that SWNB's directors actively advised the Houston bank's investors to reject the merger.

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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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