Merger of U.S. Bank and Union Bank gets final U.S. approval
U.S. Bank’s $8 billion acquisition of Union Bank has the green light from U.S. regulators, a big step forward for a deal that could make U.S. Bank one of the biggest retail banking companies in the tri-county region. The deal received its final U.S. regulatory approvals on Oct. 14, more than a year after it Read More →
U.S. Bank’s $8B deal to buy Union Bank could make it region’s biggest banking company
Editor’s Note: This article was originally posted Sept. 21 and updated Sept. 23 with more reporting about the pending bank merger. Union Bank’s 29-branch network in the Tri-Counties will become part of U.S. Bank in an $8 billion deal that will give Union Bank’s Japanese parent a nearly 3% stake in Minneapolis-based U.S. Bancorp. In Read More →
Our view: Favorable winds for offshore energy
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Dubroff: Lehman Brothers collapse changed Central Coast forever
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Details emerge of Melchiori’s felony charges, civil lawsuits
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Fraud charges cap sad demise of Melchiori
It was an iconic company among general contractors and its rise marked a pivot point in Santa Barbara’s emergence as a hub for tourism and technology in the 1990s. Ugo Melchiori, an immigrant from Northern Italy, turned skills as a craftsman into a business that, beginning in the late 1980s, was nearly as powerful as Read More →
Former president of Melchiori Construction charged with 47 felonies
The Santa Barbara County District Attorney’s Office filed a criminal complaint against Mark Melchiori, the former president of Melchiori Construction Co., the office announced on June 2. Melchiori is charged with 47 felony counts, including diversion of construction funds, insurance fraud, violations of the unemployment insurance code, prevailing wage fraud, embezzlement, grand theft and conspiracy to Read More →
