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RECENT ISSUES

Citizens Business Bank
Current Issue:

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Banking on the South Bay

Classic Wisdom Prevails
For Local Bankers

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Business News

  • Dow on track for 1st weekly loss of year
    January 27, 2012
    NEW YORK (Reuters) – The Dow was on track to post the first weekly loss this year on Friday as lackluster earnings from blue-chip companies and weaker-than-expected data on U.S. economic growth disapp …

  • Exclusive: Greek PM Papademos expects debt swap deal in days
    January 27, 2012
    ATHENS (Reuters) – Greece expects to conclude difficult debt talks with private creditors within days and negotiations with the EU and the IMF on a new bailout deal by the middle of next week, Prime M …

  • In Facebook IPO, bankers seek prestige over fees
    January 27, 2012
    (Reuters) – Facebook’s initial public offering is likely to set a new standard for how low investment banks are willing to go on advisory fees to win big business. …

  • Fitch cuts Italy, Spain, other euro zone ratings
    January 27, 2012
    NEW YORK (Reuters) – Fitch downgraded the sovereign credit ratings of Belgium, Cyprus, Italy, Slovenia and Spain on Friday, indicating there was a 1-in-2 chance of further cuts in the next two years. …

  • Analysis: Banks expect to spend less on bad mortgages
    January 27, 2012
    (Reuters) – Even as President Barack Obama is calling for more assistance for struggling mortgage borrowers, major banks are looking forward to spending less to handle problem home loans. …

  • Exclusive: Germany wants Greece to relinquish budget controls
    January 27, 2012
    BERLIN (Reuters) – Germany is pushing for Greece to relinquish control over its budget policy to European institutions as part of discussions over a second rescue package, a European source told Reute …

  • U.S. growth quickens, but speed bumps ahead
    January 27, 2012
    WASHINGTON (Reuters) – The U.S. economy grew at its fastest pace in 1-1/2 years in the fourth quarter, but a rebuilding of stocks by businesses and slower business spending warned of weaker growth in …

  • Wal-Mart puts U.S. marketing under merchandising
    January 27, 2012
    (Reuters) – Wal-Mart Stores Inc said on Friday that its U.S. marketing team would now work under the leadership of its chief merchandising officer rather than as a separate group as the world’s large …

  • Ford hit by commodity costs, international woes
    January 27, 2012
    (Reuters) – Ford Motor Co reported a lower-than-expected fourth-quarter profit on Friday as commodity costs shot up and results from operations outside North America fell short of expectations. …

  • Chevron profit falls as refineries, output suffer
    January 27, 2012
    (Reuters) – Chevron Corp reported lower quarterly earnings on Friday, missing Wall Street forecasts, as rising spending on oil and gas projects and losses at its U.S. refinery business offset gains fr …

Networking Now Blog Feeds

  • What Do Most Successful People Have in Common?
    January 25, 2012

    What’s the one thing the majority of successful people have in common? In this video, UAE networking expert Bijay Shah and I discuss how a positive attitude is one thing that you’ll find i …

  • Emotional Equations
    January 22, 2012

    I had the opportunity to hear Chip Conley speak at the Transformational Leadership Council this last weekend.  He spoke about his new book Emotional Equations. Chip created this self-help paradigm in …

  • Want More Business from Networking?–Watch This Video
    January 18, 2012

    I’ve been asked time and time again by people all over the world what I consider to be the key to getting more business through networking.  I can, without a doubt, say that there is, indeed, on …

  • When Does Going Faster, Make Things Slower?
    January 15, 2012

    I start this blog with a riddle: When does going faster, make things slower?  Well the answer is: when you are rushing a relationship. A few years ago a close friend of mine, Dr. Emory Cowan, contribu …

  • Video: Learning to Network–What’s Your Tactic?
    January 11, 2012

      How did you learn (or how are you learning) to network?  Do you think there is a difference in the way women learn to network vs. the way men learn to network?  If you think both genders learn …

  • Getting to the Referral Stage with a New Contact
    January 8, 2012

    People often ask me how to move a relationship with someone they just met to the point where the new contact feels comfortable passing them a referral. I always say that the best way to get to this ne …

  • Don’t Wait for a Reunion to Network with Former Classmates
    January 4, 2012

    After graduation, classmates seem to spread out to chase individual professional goals without any context in which to keep in touch.  Fortunately, the internet now offers a multitude of options to he …

  • Business Networking And Sex (not what you think)
    January 2, 2012

    Business Networking and Sex (not what you think) is officially released this week in bookstores.  This book was more fun to work on than any book I’ve ever written.  My co-authors: Frank De Raff …

  • Year-End is Time for Vision Making
    December 25, 2011

    Each year, a few days before New Year’s Eve, I head off to my mountain retreat in Big Bear Lake, California, to recharge my batteries. It’s a great opportunity to spend time with the famil …

  • Do Your One-to-One Networking Meetings Seem Like a Waste of Time?
    December 21, 2011

    Have you ever heard someone in your network say, “If you don’t do one to ones effectively, you might as well talk to yourself”?  Well, it really is true–if your one-to-one meet …

Editor's Choice Posts

  • A Taste of Wine Country Charity Event at the Westin Los Angeles Airport

    This festive event features premium wineries from various appellations giving guests an authentic Wine Country experience, as if one were visiting the winery itself.  This is coupled with food tastings prepared by the Westin catering department with mellow entertainment to provide background ambiance.
    This event benefits the JWCH Institute (www.jwchinstitute.org) which provides healthcare and social services to the needy and underserved in Los Angeles County.  There will also be a Toy Drive for the Children.
    Tickets are priced at $40 in Advance and $50 at the door (plus service charge).  However, … Continue Reading


  • Farmers and Merchants Bank “People You Can Bank In Breakfast”

    Farmers and Merchants Bank will be holding its inaugural People You Can Bank On breakfast Thursday, August 25 at 7:30am at the Virginia Country Club in Long Beach.

    This event will honor 9 Long Beach residents from various walks of life that have had a notable impact on their community, profession and country. Recognizing eleven honorees overall with 2 residing in the South Bay, this first-ever breakfast will enable F&M to pay tribute to visionary community leaders who share their core values of service, integrity and reliability.

    F&M Salutes People You Can Bank On 2011 … Continue Reading


  • Signature Estate & Investment Advisors, LLC® Continues Momentum, Expands Opening South Bay Office

    •           New Office Brings SEIA’s Comprehensive Wealth Management Services to the South Bay Community

    •           Top 25 Barron’s Advisory Firm Attributes Momentum to Consistent Caliber of Client Service

    Los Angeles, Calif. – July 26, 2011 — Signature Estate and Investment Advisors, LLC® (SEIA), a full service wealth management firm headquartered in Southern California managing more than $2 billion in client assets, today announced the opening of its new office in Redondo Beach, CA.  The firm’s expansion was prompted by its continued growth, addressing the need for high-caliber wealth management services throughout the South Bay … Continue Reading


  • South Bay Husband and Wife Team Win Awards in International Panoramic Photography Competition

    TORRANCE, CA—July 18, 2011– Sharing an outdoor lifestyle is healthy for any couple but when that couple win international awards, who takes the credit?

    In the case of Joseph Chiang and Glenda Higgins-Chiang, the accolades are shared. It takes two people working for many days to complete a panorama worthy of the EPSON Pano silver award, which recognizes the top ten percent from a field of thousands of entries representing 62 countries.

    The Pano awards were established to recognize the special skill and unique vision required to create panoramic images. New software, camera technology, and processing techniques allow artists like the … Continue Reading


  • Banking on the South Bay Issue – Digital Flip Page Version

    Click to launch the full edition in a new window
    Self Publishing with YUDU


  • News From Citizens Business Bank

    CitizensTrust Receives Recognition in Los Angeles Magazine 2011 Five Star Wealth Managers Publication

    CVB Financial Corp. is proud to announce that Sean Kraus, Charted Financial Analyst from CitizensTrust, Citizens Business Bank’s Wealth Management Group, was listed in Los Angeles Magazine’s 2011 Five Star Wealth Managers. Kraus is the Senior Vice President, Chief Investment Officer for CitizensTrust. Ontario-based Citizens Business Bank has a strong presence in the South Bay, with locations in El Segundo, Manhattan Beach and Torrance.
    The list of the 2011 Wealth Managers is an elite group, representing less than 2 percent of the wealth managers in the Los Angeles … Continue Reading


  • Farmers & Merchants Bank Donates $11,000 to Long Beach Neighborhood Association

    Farmers & Merchants Bank, serving the South Bay communities with locations in Torrance and Palos Verdes, recently donated $11,000 to the Willmore City Heritage Association (WCHA) in early February. When funds were scarce for the 7th and Maine Beautification Project, F&M Chief Executive Officer Henry Walker stepped into fund a large portion of the next phase. Wilmore City is a historic district near Downtown Long Beach, a few blocks from where Farmers & Merchants Bank is headquartered.
    “How do you thank somebody in a time of peril,” said Jim Danno, Community Outreach Coordinator of WCHA.  “Through his kindness, he made … Continue Reading


From the Print Edition

  • News From Citizens Business Bank

    CitizensTrust Receives Recognition in Los Angeles Magazine 2011 Five Star Wealth Managers Publication

    CVB Financial Corp. is proud to announce that Sean Kraus, Charted Financial Analyst from CitizensTrust, Citizens Business Bank’s Wealth Management Group, was listed in Los Angeles Magazine’s 2011 Five Star Wealth Managers. Kraus is the Senior Vice President, Chief Investment Officer for CitizensTrust. Ontario-based Citizens Business Bank has a strong presence in the South Bay, with locations in El Segundo, Manhattan Beach and Torrance.
    The list of the 2011 Wealth Managers is an elite group, representing less than 2 percent of the wealth managers in the Los Angeles … Continue Reading


  • Farmers & Merchants Bank Donates $11,000 to Long Beach Neighborhood Association

    Farmers & Merchants Bank, serving the South Bay communities with locations in Torrance and Palos Verdes, recently donated $11,000 to the Willmore City Heritage Association (WCHA) in early February. When funds were scarce for the 7th and Maine Beautification Project, F&M Chief Executive Officer Henry Walker stepped into fund a large portion of the next phase. Wilmore City is a historic district near Downtown Long Beach, a few blocks from where Farmers & Merchants Bank is headquartered.
    “How do you thank somebody in a time of peril,” said Jim Danno, Community Outreach Coordinator of WCHA.  “Through his kindness, he made … Continue Reading


  • Banking on the South Bay

    Classic Wisdom Prevails for Local Bankers

    By David Whitehead and Brian Simon

    The last time Business Insider Magazine chatted with executives from several small- to medium-sized financial institutions in the area we wanted to see how they were faring in light of what was described as the worst economic crisis since the Great Depression. We didn’t expect the news to be all hunky dory. The sub-prime collapse, subsequent real estate downturn and crippling credit crunch had already wreaked havoc on the banking industry as a whole, spurring the shocking demise of more than a few once seemingly invincible financial giants. All indicators … Continue Reading


  • My Business is Worth What?

    California Association of Business Brokers says know the value of your business

    Sacramento, CA — The California Association of Business Brokers (CABB- a non profit trade organization) says if you are a small business owner looking to sell your business but are waiting for the economy to turn around, use this time to start preparing. One of the most vital steps in this process is to understand what your business is worth.
    Ron Hottes, president of CABB and of several Business Team Business Brokerages says that a business broker’s opinion of value can provide you with an objective view of what … Continue Reading


  • The “Profits of Doom” Deliver Hope

    Contrarian Economists

    By David Whitehead

    Economist Nouriel Roubini was dubbed the “prophet of doom” when he tried to warn the financial community they were building a house of cards with the Real Estate market. He wasn’t taken seriously until 2007 when it became clear a massive asset bubble was about to cause catastrophic damage to the global economy. Today, he receives praise for his insights and is the voice Wall Street calls on the most to explain what so many insiders claimed to have missed.
    However, Roubini was hardly the only notable economist pointing out that asset bubbles can be identified, tracked … Continue Reading



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