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Money & CompanyA bankruptcy judge in New York has frozen the assets of a Beverly Hills money manager accused of funneling hundreds of millions of his clients??? dollars to a Ponzi scheme operated by disgraced financier Bernard L. Madoff. The order, signed......
Money & CompanyBusiness lender and private banker City National Corp. said this afternoon that its third-quarter net income declined by more than half as a result of losses on real estate lending. The Los Angeles bank said its worst problems were shifting......
Money & CompanyBank regulators are expected later today to take over Los Angeles-based California National Bank in what would mark the fourth-largest bank failure in the country this year, according to people familiar with the situation. The bank, a unit of FBOP......
Culture MonsterOpera Pacific died a year ago, and as far as professional opera in Orange County is concerned, the rest has been silence. The Orange County Performing Arts Center, whose 1986 opening in Costa Mesa set the stage for Opera Pacific’s......
Money & CompanyCondos in a failed Marina del Rey complex built during the height of the real estate boom were auctioned at a discount Sunday with buyers spending $20.5 million for 41 units in two competitive hours of bidding. The complex, called......
Money & CompanyAs debate begins on whether to tax big banks and insurers for having created the financial crisis, a quick quiz may be of interest. Who said the following? "Let's be honest. This problem was caused by a total disregard by......
Money & CompanyCity National Corp. said Thursday that its first-quarter profit more than doubled, with strong growth in deposits and declining provisions for losses on loans. The largest bank based in Southern California said it earned $15.7 million, or 19 cents a......
Money & CompanyCity National Bank has acquired its third failed bank in five months, this time extending its Nevada franchise with a takeover of Sun West Bank, a Las Vegas-based institution with seven offices. Sun West, closed Friday night by Nevada state......
Films, art, rum: Dinner and a movie at Drago; 'Palate' exhibit runs 'til June 12; guest bartender at BreadbarDaily DishFood + art: "Palate," a group exhibition of food-focused art curated by Zio Fulcher, is on display at Scion's Installation L.A. Gallery in Culver City. The show opened last weekend and runs until June 12. Works include Clare Crespo's knitted......
L.A. NOWThe chief executives at Atlantic Richfield Co., the oil company once based in Los Angeles, ran their international empire from some of the most regal corporate offices ever created in Southern California. With Arco's 20-foot ceilings, dark wood paneling...
Money & CompanyRecovering from the grip of the financial crisis, City National Corp. said its quarterly profit jumped sixfold, helped by strong growth in deposits and improving credit quality. City National is the parent of Southern California's largest bank, with $21.2...
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Original site for City National Corporation topic gallery.