PCBC earns $21M in Q2
By Staff Report / Wednesday, July 27th, 2011 / Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies / Comments Off on PCBC earns $21M in Q2
Pacific Capital Bancorp took another step toward getting out from under its regulatory consent order, reporting second-quarter net income of $21 million, or 64 cents per share, on July 27.
Read More →Bank taps fund to pay TARP
By Marlize van Romburgh / Monday, July 18th, 2011 / Banking & Finance, Banking Industry, Top Stories, Tri-County Economy / Comments Off on Bank taps fund to pay TARP
First California Bank is repaying the $25 million in federal aid it took from the Treasury with a new federal aid program.
Read More →PennyMac mints new HQ in Moorpark
By Marlize van Romburgh / Friday, July 8th, 2011 / Banking & Finance, Banking Industry, Real Estate, Top Stories, Tri-County Economy / Comments Off on PennyMac mints new HQ in Moorpark
A new venture led by a former top executive of Countrywide Financial Corp. is moving to Moorpark.
Read More →Bank buy starts Mission shopping spree
By Marlize van Romburgh / Friday, July 1st, 2011 / Banking & Finance, Banking Industry, Top Stories / Comments Off on Bank buy starts Mission shopping spree
Mission Community Bank plans to acquire Santa Lucia Bancorp, doubling its size and kicking off a bank buying spree.
Read More →Trade lenders eye Ventura County Business Bank
By Marlize van Romburgh / Friday, June 24th, 2011 / Banking & Finance, Banking Industry, Top Stories / Comments Off on Trade lenders eye Ventura County Business Bank
A Chinese-American bank focused on trade finance is acquiring Ventura County Business Bank.
Read More →UCSB series digs at roots of banking crisis
By Marlize van Romburgh / Thursday, June 9th, 2011 / Banking & Finance, Banking Industry, Top Stories / Comments Off on UCSB series digs at roots of banking crisis
During the next five months, UC Santa Barbara will host a series of talks in which Nobel Prize-winning economists, best-selling financial journalists and other experts will take a deep look at the financial crisis and its aftermath.
Read More →Area banks hiring
By Marlize van Romburgh / Friday, May 6th, 2011 / Banking & Finance, Banking Industry, Top Stories, Tri-County Economy / Comments Off on Area banks hiring
After posting mostly solid first-quarter earnings, banks in the region are scouting for resumes again. Three of the largest firms in the region are looking to fill more than 300 open positions among them.
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