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Two California banks fail, will reopen under new owners
Money & CompanyTwo troubled California banks were closed by regulators late Friday and sold to other banks. San Luis Trust Bank, a one-office bank in San Luis Obispo with $333 million in assets, will reopen next week as a branch of First...... -
FDIC seeks damages from former officials at failed Redlands bank
Money & CompanyBank regulators have sued 12 former officers and directors at collapsed 1st Centennial Bank in Redlands, part of a broader campaign to recover losses stemming from more than 300 U.S. bank failures since 2007. The Federal Deposit Insurance Corp. complaint.... -
David Ellison raises $350 million to co-fund movies with Paramount
Company TownIn an era when outside movie capital is tough to come by, David Ellison, the 27-year-old son of Oracle founder and Chief Executive Larry Ellison, has raised $350 million to co-finance movies with his studio partner Paramount Pictures. The funds...... -
Federal Regulators Close 1st Centennial Bank
REDLANDS -- Regulators have shut down 1st Centennial Bank in California, the third U.S. bank to fail this year. California regulators closed the Redlands-based bank on Friday and appointed the Federal Deposit Insurance Corp. as receiver. 1st Centennial...Tags: Redlands (San Bernardino, California), California, KTLA
Feb 18, 2011
| Los Angeles Times
Feb 2, 2011
| Los Angeles Times
Aug 16, 2010
| Los Angeles Times
Jan 24, 2009
|Story| KTLA-LTV
Original site for First California Bank topic gallery.