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Ventura County Business Bank investors sue over stock sale, merger

By   /  Friday, July 5th, 2013  /  Banking & Finance, Banking Industry, Law & Goverment, Top Stories  /  Comments Off on Ventura County Business Bank investors sue over stock sale, merger

Investors in Ventura County Business Bank, a small commercial lender that was acquired by Royal Business Bank in 2011, are suing its new owners and former executives, alleging fraud and misrepresentation. The plaintiffs — Mark Engle, Paul Turley, Mark Ioele, Ronnie Case, Dennis McCarty, Kuen Sil Park, Holger Blank and Farihan Uwaydah — allege that Read More →

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Ventura County Business Bank acquired

By   /  Monday, September 26th, 2011  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Ventura County Business Bank acquired

Oxnard-based Ventura County Business Bank has been acquired by Royal Business Bank for an undisclosed amount. Ventura County Business Bank’s two branches, in Oxnard and Westlake Village, officially opened as a subsidiary of Royal Business Bank on Monday, according to a news release, and will continue to operate under their original name until February. For Read More →

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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.