A highly regarded Southern California business bank is fielding an unexpected proxy challenge from Cincinnati.

A Cincinnati-dominated group of six shareholders of Professional Bancorp, Santa Monica, has put up a dissident slate of directors who would remove "one or more" executives of the bank.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.