LOS ANGELES California's vulnerability to the international economic slowdown has not cooled the newfound aggressiveness of its midsize banks in international operations.

Though the economic turmoil abroad has taken a toll, demand has not disappeared for the state's output of high-tech computer and telecommunications equipment, media and entertainment products, and prefabricated housing.

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.