Dubroff: Montecito Bank & Trust beefs up management team with Leis
Montecito Bank & Trust wrote the latest chapter in the saga of regional banking when it announced late July 18 that it was adding Union Bank’s veteran leader George Leis to its executive team. Leis, who chairs the CSU Channel Islands Foundation board, becomes chief operating officer reporting to President and CEO Janet Garufis. His Read More →
Exchange rate fluctuations to blame for drop in net farm income
Changes in dollar strength and exchange rates have been a major factor in the drop in net farm income, even as agriculture revenue has doubled, said Michael Swanson, senior economist for Wells Fargo. “We often get buried in a micro view of our world … and then we get blind-sided by some other trend that Read More →
SLO County winery’s Chapter 11 triggers bank lawsuit
Wells Fargo is suing San Luis Obispo County-based winemaker and well-known entrepreneur Christopher J. Conway for an alleged $12.86 million unpaid loan. The bank is suing the owners of the Rancho Arroyo Grande ranch and vineyard, which is spread over nearly 3,500 acres at 591 Hi Mountain Road east of Arroyo Grande. Rancho Arroyo Grande Read More →
Wells Fargo wealth managers move into new LEED offices
The Private Bank at Wells Fargo has moved into 10,000 square feet of shiny new digs at 118 Carrillo St. in Santa Barbara.
Wells Fargo warns growers of globalization risks
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Big California banks see 2011 earnings bounce
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