State Closes 1st Centennial Bank
January 23, 2009 by admin
Filed under Todays Watchlist
SAN FRANCISCO–(BUSINESS WIRE)–California Department of Financial Institutions (DFI) announced today that regulators have closed 1st Centennial Bank, citing inadequate capital.
Fitch: Bank Holding Company Status: A Port in the Storm but Not a Panacea
January 22, 2009 by admin
Filed under Todays Watchlist
NEW YORK–(BUSINESS WIRE)–In a report released today entitled ‘Converting to Bank Holding Company Status’, Fitch Ratings offers its perspective on rating implications for non-bank financial institutions that have