Policy normalization must continue
By Dan E. Hamilton Since 2008, the Federal Reserve has been engaged in an unprecedented experiment, one without any economic theory to recommend it. Its policies are internally inconsistent. Some work to restrict credit. Others ease credit. The 2007 failure of New Century Financial, a leading subprime lender, did not derail the economy. However, when Read More →
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More bank mergers on tap for 2016
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Read More →Rabobank wants to be tops in ag, small biz lending
After a series of branch consolidations and a strategic rethinking, Rabobank will focus its California lending on business banking, agribusiness and renewables in its core markets in the Central Valley and on the Central Coast. The Netherlands-based banking giant has set a goal to be the global leader in food and agriculture lending as Read More →
Read More →Editorial: Big banks commit to local communities
Rabobank announced an investment of $1 million into a small-business loan fund run by the Economic Development Collaborative of Ventura County and Union Bank unveiled a multimillion-dollar investment that allowed the Channel Islands YMCA to return the nonprofit’s regional headquarters to downtown Santa Barbara.
Read More →Op/ed: California banks are committed to supporting the credit needs of Golden State businesses
By Rodney Brown on March 8, 2013 It has been more than four years since the onset of the Great Recession, and during the past few years our country and the state of California have been slowly progressing down the road to economic recovery. As the economy continues to improve and confidence rises, California banks Read More →
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