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Inphi shares plummet 17% in after-hours trading

By   /  Tuesday, August 23rd, 2011  /  Banking & Finance, Banking Industry, Latest news, Technology  /  Comments Off on Inphi shares plummet 17% in after-hours trading

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Banks map out growth plans

By   /  Friday, August 5th, 2011  /  Banking & Finance, Banking Industry, Top Stories  /  Comments Off on Banks map out growth plans

Three recent earnings reports from area banks shed light on the tri-county economy as we approach the three-year anniversary of the crisis that nearly wrecked the nation’s financial system.

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Nahra surfaces at PacWest

By   /  Tuesday, August 2nd, 2011  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Nahra surfaces at PacWest

Lynda Nahra has been hired by Los Angeles-based Pacific Western Bank to run its Central Coast region.

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PCBC earns $21M in Q2

By   /  Wednesday, July 27th, 2011  /  Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies  /  Comments Off on PCBC earns $21M in Q2

Pacific Capital Bancorp took another step toward getting out from under its regulatory consent order, reporting second-quarter net income of $21 million, or 64 cents per share, on July 27.

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Bank taps fund to pay TARP

By   /  Monday, July 18th, 2011  /  Banking & Finance, Banking Industry, Top Stories, Tri-County Economy  /  Comments Off on Bank taps fund to pay TARP

First California Bank is repaying the $25 million in federal aid it took from the Treasury with a new federal aid program.

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PennyMac mints new HQ in Moorpark

By   /  Friday, July 8th, 2011  /  Banking & Finance, Banking Industry, Real Estate, Top Stories, Tri-County Economy  /  Comments Off on PennyMac mints new HQ in Moorpark

A new venture led by a former top executive of Countrywide Financial Corp. is moving to Moorpark.

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Bank buy starts Mission shopping spree

By   /  Friday, July 1st, 2011  /  Banking & Finance, Banking Industry, Top Stories  /  Comments Off on Bank buy starts Mission shopping spree

Mission Community Bank plans to acquire Santa Lucia Bancorp, doubling its size and kicking off a bank buying spree.

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