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California Bank & Trust

9 U.S. banks seized by regulators

Sat, 10/31/2009 - 13:53 by Ishita Sood

Los Angeles, October 31 -- U.S. Bancorp has acquired nine banks held by the FBOP Corp., seizing $18.4 billion assets in a move to pull the banks through the ongoing financial crisis.

CB & T acquires Alliance Bank

Mon, 02/09/2009 - 15:17 by Shivani Thapa

San Diego, February 9: California Bank & Trust (CB&T) officials announced today that the bank has decided to acquire the banking operations, including all of the deposits, of Alliance Bank in a transaction facilitated by the Federal Deposit Insurance Corporation (FDIC).