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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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Latest

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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Latest

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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Latest

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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Latest

Trade lenders eye Ventura County Business Bank

By   /  Friday, June 24th, 2011  /  Banking & Finance, Banking Industry, Top Stories  /  Comments Off on Trade lenders eye Ventura County Business Bank

A Chinese-American bank focused on trade finance is acquiring Ventura County Business Bank.

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UCSB series digs at roots of banking crisis

By   /  Thursday, June 9th, 2011  /  Banking & Finance, Banking Industry, Top Stories  /  Comments Off on UCSB series digs at roots of banking crisis

During the next five months, UC Santa Barbara will host a series of talks in which Nobel Prize-winning economists, best-selling financial journalists and other experts will take a deep look at the financial crisis and its aftermath.

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Latest

Area banks hiring

By   /  Friday, May 6th, 2011  /  Banking & Finance, Banking Industry, Top Stories, Tri-County Economy  /  Comments Off on Area banks hiring

After posting mostly solid first-quarter earnings, banks in the region are scouting for resumes again. Three of the largest firms in the region are looking to fill more than 300 open positions among them.

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