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PacWest reversed a valuation allowance on tax credits, which helped boost third-quarter earnings. PacWest also expects its deal for CU Bancorp to close this week.
October 17 -
Wells Fargo was barred by California's treasurer from being hired for another year because of the bank's fraudulent account scandal, leaving the company largely cut off from underwriting work with one of the nation's biggest municipal-bond issuers.
October 16 -
Saying farewell after 25 years with LAFCU and 43 total years in the credit union industry.
October 16 -
Wells Fargo's home state of California passed a law aimed at curtailing the bank's use of closed-door arbitration to shroud complaints from aggrieved customers affected by its scandals.
October 5 -
The Western Independent Bankers will continue to offer conference and educational services as a division of the California Bankers Association.
October 2 -
Live Oak Bancshares is used to finding ways to make small-business loans, but its new M&A operation was formed after two bankers pitched the plan to Live Oak's management.
September 22 -
New report provides info on how credit unions in the two states are growing, offering key market intel as they head into strategic planning.
September 21 -
The new business will advise Live Oak clients on how to structure and finance acquisitions.
September 20 -
San Diego County Credit Union doubles down on sponsorships, inks stadium naming rights deal.
September 20 -
The California company will pay nearly $3 million to address claims it failed to pay employees for overtime.
September 18