Preferred Bank in Los Angeles is set to post its first loss since the fourth quarter of 2010 following unexpected write-downs on two loans.
Preferred Bank Expects 2Q Loss; Stock Tumbles
- Full access to banking's most comprehensive daily report
- Daily, weekly, and topic-based newsletters and alerts
- Award-winning analysis and insight, focused on bankers' key concerns
- Bimonthly industry research reports
- Morning Scan Plus (Premium e-newsletter)
- American Banker mobile app