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Montecito Bank & Trust
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Lenco Mobile proposes $42M merger deal

By   /  Friday, December 2nd, 2011  /  Banking & Finance, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Lenco Mobile proposes $42M merger deal

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Credit unions bank on consumer backlash

By   /  Friday, December 2nd, 2011  /  Banking & Finance, Banking Industry, Personal Finance, Top Stories  /  1 Comment

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Semtech’s earnings rise

By   /  Wednesday, November 30th, 2011  /  Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Semtech’s earnings rise

[wikichart align=”right” ticker=”NASDAQ:SMTC” showannotations=”true” livequote=”true” startdate=”30-05-2011″ enddate=”30-11-2011″ width=”300″ height=”245″] Camarillo-based Semtech, a chip design firm, posted 67 percent increase in quarterly earnings on a slight increase in sales for the most recent quarter. Semtech, which is in its 2012 fiscal year, said third quarter net income came to $27 million, compared with $16.1 million a Read More →

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Amgen kicks off debt offering

By   /  Wednesday, November 30th, 2011  /  Banking & Finance, Latest news, Tri-County Public Companies  /  Comments Off on Amgen kicks off debt offering

[wikichart align=”right” ticker=”NASDAQ:AMGN” showannotations=”true” livequote=”true” startdate=”30-05-2011″ enddate=”30-11-2011″ width=”300″ height=”245″] Amgen has priced more than $1 billion in debt offerings as it loads up on cash for its massive stock buyback and dividend program. The company said it had priced $550 million of senior notes due 2018 and an additional $475 million in senior notes due Read More →

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Dobyns named Mission Community Bank CEO

By   /  Wednesday, November 23rd, 2011  /  Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies  /  Comments Off on Dobyns named Mission Community Bank CEO

Tom Dobyns is the new CEO of San Luis Obispo-based Mission Community Bank. He was most recently president and CEO of American Security Bank in Newport Beach, prior to which he was with First Interstate Bank of California, Great Western Bank and Home Savings of America. His career started with Bank of America Corp., where Read More →

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BofA lays off 140 in Conejo Valley

By   /  Friday, November 18th, 2011  /  Banking & Finance, Banking Industry, Tri-County Economy  /  Comments Off on BofA lays off 140 in Conejo Valley

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Knight named Santa Clara Valley Bank chief exec

By   /  Thursday, November 17th, 2011  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Knight named Santa Clara Valley Bank chief exec

Bank insider Cheryl Knight is the new CEO and president of Santa Clara Valley Bank, the firm said Nov. 17. Knight joined the Santa Paula-based bank in October 2010 as a chief credit officer and senior vice president. She also held the position of chief operating officer when she was named CEO. Before joining Santa Read More →