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Montecito Bank & Trust
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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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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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New CalAmp CEO walks in as focus shifts

By   /  Friday, June 24th, 2011  /  Technology, Top Stories, Tri-County Public Companies  /  Comments Off on New CalAmp CEO walks in as focus shifts

CalAmp is back. The Oxnard-based firm, which trades on the Nasdaq and has a 98,0000-square-foot facility in the Tri-Counties, had a brush with death when it temporarily lost a huge customer and revenues halved. But analysts say the company’s turnaround team has righted the ship and handed off power to a new CEO.

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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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Calavo bags fresh food firm for $96M

By   /  Friday, June 3rd, 2011  /  Banking & Finance, Top Stories, Tri-County Public Companies  /  Comments Off on Calavo bags fresh food firm for $96M

Calavo Growers’ $96 million purchase of a fast-growing fresh food company signals that it’s come a long way since its homegrown roots as an avocado cooperative.

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Ceres plants IPO: Biofuels firm seeks $100 million

By   /  Friday, June 3rd, 2011  /  Banking & Finance, Top Stories  /  Comments Off on Ceres plants IPO: Biofuels firm seeks $100 million

Energy crop company Ceres has filed papers to raise up to $100 million in an initial public offering of its stock.

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Cumbre puts small caps in its crosshairs

By   /  Friday, June 3rd, 2011  /  Banking & Finance, Personal Finance, Top Stories  /  Comments Off on Cumbre puts small caps in its crosshairs

Startup money management firm Cumbre Capital tries to emulate the investing style of Warren Buffet in his younger days.

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