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MB&T chief highlights role of community banks

By   /  Friday, September 6th, 2013  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on MB&T chief highlights role of community banks

Locally based banks that take deposits from and make loans to the community form the lifeblood of many regional economies, and yet these institutions have only recently secured a voice in the national debate on financial policy. That was the view from Janet Garufis, CEO and president of Santa Barbara-based Montecito Bank & Trust, in Read More →

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Small-business groups can match banks, borrowers

By   /  Friday, September 6th, 2013  /  Banking & Finance, Banking Industry, Small Business, Top Stories  /  Comments Off on Small-business groups can match banks, borrowers

Business is as much about who you know as what you know.

Long-time art gallery owner Sylvia White came to realize that as she struggled to get financing to purchase a building in downtown Ventura. She had purchased the gallery space with owner financing several years earlier. But now the five-year period on that high-interest loan was coming up, and White needed a bank to take over. She was turned down by lenders again and again.

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Onyx buy sets dealmaking era for Amgen

By   /  Friday, August 30th, 2013  /  Banking & Finance, Technology, Top Stories  /  Comments Off on Onyx buy sets dealmaking era for Amgen

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

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30 regional firms rank among fast-growth U.S companies

By   /  Friday, August 30th, 2013  /  Banking & Finance, Small Business, Top Stories, Tri-County Economy  /  Comments Off on 30 regional firms rank among fast-growth U.S companies

Thirty tri-county firms ranked on the Inc 5000 list of the fastest-growing private companies in the U.S. this year. The national rankings include area firms in the software, employee benefits, hardware and moving and storage industries, to name a few. The Business Times chatted with two Inc 5000 CEOs to get their take on what’s Read More →

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SB County last in regional pension performance

By   /  Friday, August 23rd, 2013  /  Banking & Finance, Central Coast, Top Stories, Tri-County Economy  /  Comments Off on SB County last in regional pension performance

Thanks to rising U.S. and foreign stock markets, major public pension plans in the Tri-Counties exceeded expected investment return rates for the last fiscal year. But Santa Barbara County’s performance lagged far behind its peers. Ventura County Employees’ Retirement Association and San Luis Obispo County Pension and Trust saw net returns of 12.8 and 12.9 Read More →

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Dole seeks buyout bidders

By   /  Wednesday, August 21st, 2013  /  Latest news, Tri-County Public Companies  /  Comments Off on Dole seeks buyout bidders

Shares of Dole Food, based in Westlake Village, closed above CEO David Murdock’s buyout offer price of $13.50 after the company disclosed in SEC filings that other bidders may be surfacing. In its filing Dole said that “beginning on the morning of Aug. 12” representatives of investment bank Lazard began contacting potential bidders, including four Read More →

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Shining a light on solar finance: Wiser Capital gets $1.3M, rolls out platform

By   /  Friday, August 16th, 2013  /  Banking & Finance, Features, Green Coast, Technology  /  Comments Off on Shining a light on solar finance: Wiser Capital gets $1.3M, rolls out platform

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

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