Trump can learn lessons from another ‘Apprentice’
Latest newsWatching the opening episode of “Celebrity Apprentice” on Jan. 2 brought back memories of another political outsider who won public office running for the first time with a message of reform. That person, of course, is Arnold Schwarzenegger, who was inaugurated as California’s 38th governor 14 years ago this month. Like Donald J. Trump, he Read More →
Dubroff: Merger writes next chapter for Central Coast banking
Banking & Finance, Banking Industry, Central Coast, Columns, Latest newsThe $405 million sale of Heritage Oaks Bancorp to Pacific Premier Bancorp caught many experts by surprise. It is a transformative deal for the Irvine-based buyer, which will grow from $3.8 billion to $6 billion in assets when it closes next year. Pacific Premier will extend its franchise, leapfrogging past Los Angeles and heading deep Read More →
Kurland stepping down but influence continues
Editorials, Latest news, OpinionPennyMac Financial’s Stanford Kurland has a habit of working in mysterious ways. A veteran of Countrywide Financial, he joined that company in the late 1970s and rose through the ranks to become its president, leaving without fanfare in 2006 — just as the excesses in the mortgage market were beginning to become apparent. In 2009, Read More →
Heritage Oaks Bancorp merging with Pacific Premier
Banking & Finance, Banking Industry, Latest newsStory updated at 11:30 a.m.: In a deal that will once again shake up the ranks of top banks in the region, Pacific Premier Bancorp of Irvine will acquire Heritage Oaks Bancorp for $405.6 million or $11.68 per share based on current values. The all-stock merger, announced before the markets opened on Dec. 13, will Read More →