City National Bank is fined $65 million for risk control lapses

City National Bank was fined $65 million on Wednesday by federal regulators for failing to maintain proper risk management and internal controls, including those related to money laundering. Long known…

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Sacramento’s spending is out of control – Orange County Register

Last week, the governor released his $291 billion budget proposal for 2024-2025. The record revenues of recent years have disappeared and been replaced by a deficit projected by the independent…

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Q&A: Their variable-rate loan is out of control. What should they do now?

Dear Liz: We paid a lot for our house, and a lot to renovate it seven years ago. My banker recommended taking a low-interest loan against our assets at the bank instead…

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