(WASHINGTON)Regulators shut down Houston-based Franklin Bank and Security Pacific Bank in Los Angeles on Friday, bringing the number of failures of federally insured banks this year to 19.READ MORE
(WASHINGTON)Regulators shut down Houston-based Franklin Bank and Security Pacific Bank in Los Angeles on Friday, bringing the number of failures of federally insured banks this year to 19.READ MORE
(WASHINGTON)Regulators have shut down Los Angeles-based Security Pacific Bank, marking the 19th failure this year of a federally insured bank. The Federal Deposit Insurance Corp. was appointed...READ MORE
(NEW YORK)A group of Friedman, Billings, Ramsey & Co. analysts on Wednesday downgraded several regional and community banks, due to the significant rally of financial stocks in recent days.READ MORE
(SAN DIEGO)PacWest Bancorp said Tuesday it will receive a $100 million investment from private equity firm CapGen Financial, which in turn will take a seat on the community bank's board.READ MORE
(NEW YORK)The Standard & Poor's MidCap 400 index edged up during midday trading Tuesday as a multibillion-dollar takeover offer helped offset high oil prices and other negative economic ...READ MORE
(SAN DIEGO)PacWest Bancorp, formerly First Community Bancorp, said Wednesday its board declared a quarterly dividend of 32 cents. The bank holding company said the dividend is payable June 3 ...READ MORE