Browsing: California

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Key insight: A trade group representing debt collectors is seeking to claw back licensing fees that California’s financial regulator collected last year.Supporting data: The California Department…

Key insight: Investors had tabbed the $2.6 billion-asset company as a potential merger target, but the introduction of a new management team signals a desire to…

CalSavers is California’s state-run retirement savings program for workers whose employers don’t offer a 401(k) or other qualified plan. Workers are enrolled automatically through payroll deductions…

Key insight: BMO’s plan to open more branches in California is about what executives call “densification” across the country’s most populous state.What’s at stake: Greater density…

Key insight: BMO unveiled details about its West Coast branch expansion plan, which includes 130 new branches in California over the next five years.What’s at stake:…

Supporting data: Nexo originated 5,456 loans for California residents without a valid license between July 2018 and November 2022.Key insight: While Nexo marketed its lack of…

Key insight: Pacific Valley Bank, a small community bank that operates along California’s Central Coast, has secured a large investment from a family-owned local agricultural company.Why…

Best banks in California Source link

David Paul Morris/Bloomberg As California considers new artificial intelligence requirements for financial regulators, trade groups and legal experts are pushing regulators to recruit AI experts to…