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California Republic to buy Westlake bank branch

By   /  Monday, October 24th, 2011  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on California Republic to buy Westlake bank branch

National Bank of California plans to sell its Westlake Village branch and about $16.2 million in deposits to California Republic Bank, the two firms said Oct. 24. Under the deal, Newport Beach-based California Republic Bank will assume all of the deposits and some of the assets of the branch at 875 S. Westlake Boulevard. The Read More →

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Mission Community buys Santa Lucia

By   /  Monday, October 24th, 2011  /  Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies  /  Comments Off on Mission Community buys Santa Lucia

Mission Community Bank said Oct. 24 that it acquired Santa Lucia Bank, doubling the San Luis Obispo-based bank’s size and kicking off its effort to consolidate smaller lenders along the Central Coast. The previously announced deal closed Oct. 21, Mission said. Although it did not confirm the deal price in its announcement, Mission’s top executive Read More →

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‘Planet Money’ comes to UCSB

By   /  Monday, October 24th, 2011  /  Banking & Finance, Latest news, Tri-County Economy  /  Comments Off on ‘Planet Money’ comes to UCSB

When you speak the language of economics and finance every day, it’s easy to forget that to your non-business-class friends and family, you might as well be speaking Greek. Coming to your rescue is Planet Money, National Public Radio’s team of economic translators, which will present at UC Santa Barbara on Wednesday, Oct. 26. The Read More →

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Economists: Trade with Asia, steer clear of Europe

By   /  Thursday, October 20th, 2011  /  Banking & Finance, Latest news, Tri-County Economy  /  Comments Off on Economists: Trade with Asia, steer clear of Europe

Steer clear of struggling Western economies and look to thriving Eastern markets. That was the advice from economist Sung Won Sohn to local business leaders at an Oct. 20 event in Santa Barbara. Sohn, a former Wells Fargo economist who now heads the Institute for Global Economic Research at CSU Channel Islands in Camarillo, and Read More →

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Amgen to lay off 226 in Thousand Oaks

By   /  Wednesday, October 19th, 2011  /  Latest news, Technology, Tri-County Public Companies  /  Comments Off on Amgen to lay off 226 in Thousand Oaks

[wikichart align=”right” ticker=”NASDAQ:AMGN” showannotations=”true” livequote=”true” startdate=”19-04-2011″ enddate=”19-10-2011″ width=”300″ height=”245″] Thousand Oaks-based Amgen is laying off 226 people at its headquarters as part of a restructuring of its research operations. Worldwide, the R&D shakeup will affect 380 staff members, but the company’s headquarters are bearing the brunt of the cuts. The company said the layoffs are Read More →

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Ryland calls the movers: Homebuilder plants headquarters in Westlake Village

By   /  Friday, October 14th, 2011  /  Banking & Finance, Features, Real Estate, Tri-County Public Companies  /  Comments Off on Ryland calls the movers: Homebuilder plants headquarters in Westlake Village

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Santa Barbara software fishes for high-frequency trades

By   /  Friday, October 14th, 2011  /  Banking & Finance, Personal Finance, Top Stories  /  Comments Off on Santa Barbara software fishes for high-frequency trades

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