Dobyns named Mission Community Bank CEO
Banking & Finance, Banking Industry, Latest news, Tri-County Public CompaniesTom Dobyns is the new CEO of San Luis Obispo-based Mission Community Bank. He was most recently president and CEO of American Security Bank in Newport Beach, prior to which he was with First Interstate Bank of California, Great Western Bank and Home Savings of America. His career started with Bank of America Corp., where Read More →
Knight named Santa Clara Valley Bank chief exec
Banking & Finance, Banking Industry, Latest newsBank insider Cheryl Knight is the new CEO and president of Santa Clara Valley Bank, the firm said Nov. 17. Knight joined the Santa Paula-based bank in October 2010 as a chief credit officer and senior vice president. She also held the position of chief operating officer when she was named CEO. Before joining Santa Read More →
Op/ed: Philanthropy is caught in a game of politics
Op/Eds, OpinionIn spite of the importance of addressing long-term fiscal imbalances, fooling with the philanthropic engine strikes me as short-sighted.
Amgen launches $5B buyback
Banking & Finance, Latest news, Tri-County Public CompaniesAmgen said Nov. 7 that it plans to buy back $5 billion of its shares as part of a push to return profit to stockholders. Shares of the Thousand Oaks-based drugmaker jumped 4.5 percent in morning trading. Moody’s Investors Service and Fitch Ratings lowered their ratings on Amgen debt after the announcement because the biotech Read More →
Earnings roundup: Profits return for most area banks
Banking & Finance, Banking Industry, Latest newsBanks based in the Tri-Counties reported mostly healthier third-quarter earnings, led by the largest lender in the region, which now has a full year of profits under its belt after a recapilization deal and ownership change last year. Here’s a closer look at how tri-county banks performed in the third quarter: Pacific Capital Bancorp [wikichart Read More →
