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By Marlize van Romburgh / Friday, March 21st, 2014 / Banking & Finance, Banking Industry, Real Estate, Top Stories / Comments Off on Cashing out: Bank of America consolidates Simi operations
Bank of America has shed a 1 million-square-foot portfolio of former Countrywide Financial Corp. office buildings for $200 million and plans to consolidate its Simi Valley campus.
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By Staff Report / Tuesday, March 18th, 2014 / Banking & Finance, Law & Goverment, Real Estate, Technology, Top Stories, Tri-County Public Companies / Comments Off on Move sues after Realtor.com chief leaves for rival Zillow
Move Inc., operator of Realtor.com, has sued a former employee and much-larger competitor Zillow, alleging theft of trade secrets.
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By Stephen Nellis / Friday, March 14th, 2014 / Banking & Finance, Central Coast, East Ventura County, Green Coast, Real Estate, South Coast, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Bain Capital debt strikes sour note at Guitar Center
With rumors swirling of an ownership change at debt-laden Guitar Center, all eyes will be on whether the Westlake Village-based company reversed its sagging online sales over the critical holiday season.
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By Staff Report / Wednesday, March 12th, 2014 / Banking & Finance, Banking Industry, Tri-County Public Companies / Comments Off on Heritage Oaks names new CFO
Lonny Robinson has been named chief financial officer at Paso Robles-based Heritage Oaks Bancorp. Robinson, previously with Banc of California, will join Heritage Oaks as CFO and executive vice president on March 19.