Read more about State Closes MetroPacific Bank

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

Read more about California Announces Settlement with Banc of America to Recover Billions for Investors in Auction Rate Securities

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