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First Republic Bank in San Francisco said Thursday that its third-quarter profit climbed 27.4% from the same period last year, to $171.8 million, thanks to double-digit gains in both interest and fee income.
October 13 -
Large banks are outpacing community banks in deposit gathering because new liquidity rules make deposits more valuable to the biggest banks, mobile banking has been a deposit magnet for the heavyweights, and regional and midsize players hold certain advantages over smaller rivals, too.
October 11 -
First Foundation in Irvine, Calif., has agreed to buy a pair of branches from Pacific Western Bank in Beverly Hills, Calif.
October 4 - California
Wells Fargo, the lender grappling with a scandal involving unauthorized customer accounts, had its outlook lowered to negative from stable by Fitch Ratings.
October 4 -
U.S. Bancorp has agreed to settle a lawsuit that claimed it neglected to maintain foreclosed properties in Southern California after the 2008 financial crisis.
September 30 -
A federal judge has silenced at least temporarily a whistleblower who brought charges of misconduct at the parent company of Bank of Internet USA in San Diego.
September 28 -
Kim Kaselionis saw a lot of small-business-loan applications die on her desk when she was a bank chief, so she started a crowdfunding firm to nurse along startups till they were bankable. That's where Fresno First comes in.
September 28 -
CU Bancorp in Los Angeles has agreed to a consent order to address deficiencies in its Bank Secrecy Act and anti-money laundering compliance program.
September 28 -
Bank of Southern California in San Diego has agreed to sell $7 million of its common stock to the asset management firm Castle Creek Capital.
September 27 -
The parent company of the consumer lender LendUp has been fined more than $6.3 million by the Consumer Financial Protection Bureau and the California Department of Business Oversight for overcharging borrowers and violating payday and installment lending laws.
September 27