State Closes MetroPacific Bank (San Francisco, CA) – The California Department of Financial Institutions (DFI) announced today that regulators have closed MetroPacific Bank, citing inadequate capital. As of June 15, 2009, MetroPacific Bank, located in Irvine,... Read MoreRead more about State Closes MetroPacific Bank
State Closes Mirae Bank (San Francisco, CA) – The California Department of Financial Institutions (DFI) announced today that regulators have closed Mirae Bank, citing inadequate capital. As of June 15, 2009, Mirae Bank, located in Southern California, had total... Read MoreRead more about State Closes Mirae Bank
California Announces Settlement with Banc of America to Recover Billions for Investors in Auction Rate Securities Download this press release (PDF)SACRAMENTO, CA (June 8, 2009) – The California Department of Corporations today announced asettlement agreement with Banc... Read MoreRead more about California Announces Settlement with Banc of America to Recover Billions for Investors in Auction Rate Securities
Monthly Bulletin Volume 12, Issue 12 – June 2009 Message from the Commissioner Hello, The California Department of Financial Institutions (DFI) will recognize its 100-year anniversary from July 1, 2009 to July 1, 2010. The State Banking Department (the... Read MoreRead more about DFI Monthly Bulletin – June 2009