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Montecito Bank & Trust
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City National hires set stage for South Coast expansion

By   /  Tuesday, May 20th, 2014  /  Banking & Finance, Banking Industry, East Ventura County, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on City National hires set stage for South Coast expansion

City National Bank has hired a team of prominent South Coast private bankers as it gets ready to launch an expansion into Santa Barbara County. The Los Angeles-based bank, one of the largest based in California, said Tuesday that it has hired Leo Hamill, Susan Rogers, Annamarie Cole, Amber Ortiz and Roy Martinez. All are Read More →

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UPDATED: Bank of Santa Barbara CEO search underway

By   /  Friday, May 16th, 2014  /  Banking & Finance, Banking Industry, South Coast, Top Stories, Tri-County Economy  /  Comments Off on UPDATED: Bank of Santa Barbara CEO search underway

The Bank of Santa Barbara is searching for a new CEO as it races to comply with a regulatory order related to violations of Bank Secrecy Act reporting rules. Eloy Ortega has left his position as chief executive and Joanne Funari has been appointed interim CEO while a special committee recruits a new leader.

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The Bank of Santa Barbara CEO steps down

By   /  Wednesday, May 14th, 2014  /  Banking & Finance, Banking Industry, South Coast, Tri-County Economy  /  Comments Off on The Bank of Santa Barbara CEO steps down

The Bank of Santa Barbara is seeking a new CEO as it races to comply with a regulatory order related to violations of Bank Secrecy Act reporting rules.

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Inogen shares rise on rosier outlook

By   /  Wednesday, May 14th, 2014  /  Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Inogen shares rise on rosier outlook

Shares of Goleta-based Inogen soared 11.4 percent to $16.29 on May 14 after reporting stronger-than-expected profits and boosting its sales outlook for the year.

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Rupert: IT and finance lead Santa Barbara County growth

By   /  Monday, May 12th, 2014  /  Banking & Finance, Central Coast, South Coast, Tri-County Economy  /  Comments Off on Rupert: IT and finance lead Santa Barbara County growth

Led by “off the charts” growth in the information technology, banking and finance sectors, Santa Barbara County is outpacing California when it comes to economic growth.

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Santa Maria Energy drills down on search for private equity

By   /  Friday, May 9th, 2014  /  Banking & Finance, Central Coast, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Santa Maria Energy drills down on search for private equity

Santa Maria Energy is on the hunt for private equity funding for its $120.7 million capital budget after a going-public deal fell apart.

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Vapor Hub hopes to lead the way in $3B e-cigarette market

By   /  Friday, May 9th, 2014  /  East Ventura County, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Vapor Hub hopes to lead the way in $3B e-cigarette market

With the U.S. Food and Drug Administration promising to impose regulations on the free-for-all e-cigarette market, Simi Valley-based Vapor Hub International is hoping to help the industry grow up.