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Under scrutiny, First California targets South Coast

By   /   Friday, January 27th, 2012  /   Comments Off on Under scrutiny, First California targets South Coast

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Shareholders who together control more than 12 percent of First California Financial Group’s stock are pushing up against the bank’s leadership and have asked its board to consider putting the company up for sale. The pushback from members of the Pohlad family comes just as First California plans to roll out a presence in Santa…

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About the author

Managing Editor

Marlize van Romburgh covers banking, finance, agricultural and viticulture. She writes a weekly column on commercial real estate and a monthly column on the restaurant industry. Follow her at @marlizevr

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