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By pacbiztimes / Thursday, April 27th, 2023 / Banking & Finance, Banking Industry, Latest news, Special Sections, Top Stories, Top Story / Comments Off on Join our Legacy/Business Hall of Fame event!
Our 2023 Hall of Fame and Legacy special report celebrates the incredible career of Janet Garufis, the chairman and CEO of Montecito Bank & Trust, the biggest locally-based bank in the region. Garufis, who has been in the banking industry for more than 50 years, started out as a teller and rose through the ranks. Read More →
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By Staff Report / Thursday, April 13th, 2023 / Banking Industry, Latest news, Personal Finance, Subscriber content / Comments Off on Portfolio Watch
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By Staff Report / Thursday, April 6th, 2023 / Banking Industry, Latest news, Personal Finance, Subscriber content / Comments Off on Portfolio watch
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
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By Staff Report / Thursday, March 23rd, 2023 / Banking & Finance, Banking Industry, Economy, Latest news, Personal Finance / Comments Off on Portfolio watch
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
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By Jorge Mercado / Thursday, March 16th, 2023 / Banking & Finance, Banking Industry, Economy, Latest news, middle / Comments Off on Region sidesteps brunt of SVB impact
Not so fast. The confidence that was returning to the banking sector eroded a bit on March 15 after Credit Suisse announced it was facing its own financial troubles, but after the Swiss government announced it would be ready to step in “if necessary” those fear abated somewhat. Six days after the collapse of Santa Read More →
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By Henry Dubroff / Friday, March 10th, 2023 / Banking & Finance, Banking Industry, Economy, Latest news, Subscriber content, Top Stories, Top Story, Tri-County Economy / Comments Off on Bank CEO, economist see little impact from SVB failure
The chair of the region’s biggest bank a leading economist responded quickly to the biggest bank failure since the financial crisis with reassurances that Silicon Valley Bank is unlikely to have broad impacts. Based in Santa Clara, Silicon Valley Bank had its doors closed and its deposits seized by the Federal Deposit Insurance Corp., the Read More →
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By Madeleine Benn / Wednesday, January 25th, 2023 / Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies / Comments Off on Citizens Business Bank hits new highs in 2022
CVB Financial Corp., the parent company of Citizens Business Bank, reported a net income of $66.2 million for the quarter ending Dec. 31, representing a 38% increase from $47.7 million in the same quarter in 2021. Diluted earnings per share hit 47 cents in the fourth quarter, compared to 35 cents for the same period Read More →