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The Santa Barbara law firm Hollister & Brace added more tri-county residents to its Ponzi scheme case in which investors were allegedly bilked out of about $125 million. Joel Gillis and Edward Wishner and their Calabasas-based firm Nationwide Automated Systems Inc. allegedly sold investors on automated teller machines that often didn’t exist. Hollister & Brace’s Read More →
City National Bank announced on April 7 the opening of its new Westlake Village office. The subsidiary of Toronto-based Royal Bank of Canada has been steadily growing its retail, commercial and wealth management presence in Ventura County. Its new 2,700-square-foot office at 3027 Townsgate Road will serve clients in Westlake and surrounding communities in Los Angeles Read More →
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The Federal Reserve’s Dec. 16 decision to begin the long process of normalizing short-term interest rates got a thumbs up from one of Southern California’s most influential bankers. City National Bank CEO Russell Goldsmith heralded the decision to raise the benchmark short-term rate to 25 basis points from zero — the first rate hike in Read More →
City National Bank has hired a team of prominent South Coast private bankers as it gets ready to launch an expansion into Santa Barbara County. The Los Angeles-based bank, one of the largest based in California, said Tuesday that it has hired Leo Hamill, Susan Rogers, Annamarie Cole, Amber Ortiz and Roy Martinez. All are Read More →