Sanwa Bank California, Los Angeles, has hired Richard Rushton as senior vice president and head of consumer lending.

He succeeded Christine Larson, who was earlier named senior vice president and head of retail marketing.

Mr. Rushton will be responsible for promoting home equity products and mortgage and vehicle lending, managing 100 Sanwa Bank lenders.

Mr. Rushton was a senior consultant at American Management Systems, where he helped Bank of Montreal install a data base and Internet lending system. Earlier he was as senior vice president in retail banking at Bank of America in San Francisco.

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.