California

With values on multifamily properties soaring, some building owners are using aggressive tactics to push out existing tenants to make room for higher-earning ones. That’s raising questions about whether their lenders are abetting this behavior.

The creation of the Consumer Financial Protection Bureau was widely expected to centralize regulation of payday and other high-cost loans in Washington. It hasn’t worked out that way.

In a 2015 enforcement action, the San Francisco Fed said it had identified problems with the Pasadena, Calif., bank’s BSA and anti-money-laundering compliance programs.

The $471 million-asset credit union has retained an outside source to conduct a search for Eileen Rivera's successor.

The Los Angeles company, which focuses on Korean-Americans, aims to raise $50 million.

Credit unions in the Silver and Golden states saw strong increases in growth and deposits during the first quarter of 2018.

The California-based credit union will convert to the Symitar EASE model of the Episys platform.

The company, which is dealing with a lawsuit from the Federal Trade Commission tied to certain fees, hired Ronnie Momen from GreenSky as its chief lending officer.

The Los Angeles company's second-quarter profit also benefited from last fall's purchase of CU Bancorp.

Limited acquisition opportunities remain in the state's hottest markets, which will force buyers to pay bigger premiums or pursue deals elsewhere.