Hints and tips:
...Beverly Hills, California-based PacWest’s website says clients can “rest assured” because the bank can offer up to $175mn in insurance coverage per depositor, or 700 times the FDIC cap....
...Families are one thing but the locals are not thrilled by the arrival of large corporations....
...“It really struck me as a democratic area,” she says, set between LA’s east — where many artists live and work — and the collecting communities in Beverly Hills and West Hollywood....
...The Beverly Hills-based regional bank, pummelled by deposit flight earlier this year, has agreed to exchange its shares for those of a smaller rival, Banc of California....
...PacWest, which is based in Beverly Hills, reported late last month that it had lost more than $5bn in deposits during the first quarter but said it had stemmed the outflows and received more than $1bn in...
...PGIM chief executive David Hunt told attendees at the Milken Institute conference in Beverly Hills on Monday that “we’re just starting [to see] the implications for the US economy”, while Investcorp co-chief...
...The Warners of the 1930s and ’40s was talked of as a kingdom, and Jack the autocratic king; his palace a neo-Georgian Beverly Hills mansion larger than that of any other mogul....
...But some argued that the weekend deal brokered by the Federal Deposit Insurance Corporation and California regulators illustrated the resilience of the US banking system....
...Like Signature Bank and First Republic before it, Beverly Hills-based PacWest’s similarities to Silicon Valley Bank — strong ties to the tech industry, paper losses on its securities portfolio, and large...
...Both misspelt Beverly Hills as “Beverley.” Days after his October sentencing to life in prison, New York police filed a criminal complaint against Durst for McCormack’s murder....
...Kim was previously a senior portfolio manager at the Alaska Permanent Fund Corporation, a $66bn sovereign wealth fund....
...It becomes more of a trophy than fashion,” says Darren Julien, chief executive of Julien’s Auctions in Beverly Hills....
...Smart reads Prince of Beverly Hills A Qatari sheikh took up residence at the Beverly Wilshire while completing two degrees at the University of Southern California....
...The debt of beauty company Anastasia Beverly Hills has been downgraded by Fitch Ratings, in a sign of blemishes appearing in the $1.2tn leveraged loan market....
...This dynamic is already having repercussions for everyone, from the sector’s biggest players L’Oréal, Estée Lauder and Coty to newer independent brands such as Anastasia Beverly Hills and ColourPop Cosmetics...
...The same happened to beauty company Anastasia Beverly Hills. “If earnings fall, leverage goes up....
...The sharp-suited, soft-spoken 64-year-old is a regular speaker at the Beverly Hills Bar Association, close to the Beverly Hilton, venue for the Golden Globe awards....
...Smart reads Blend or bulldoze The success of an M&A deal depends on how well the integration process goes, writes the FT’s Andrew Hill. But companies have taken different views on the subject....
...Anastasia Beverly Hills and TPG declined to comment....
...But Rhimes also supports smaller theatre and dance organisations, not least the Debbie Allen Dance Academy in Baldwin Hills, Los Angeles....
...To mask the problem during the demo the next morning, Tim Kemp’s team in California had beamed over a fake result....
...Today, Anastasia Beverly Hills is focused on prestige make-up palettes and lipsticks, with brows playing only a minor part....
...Harold Gerstel, a jewellery buyer in the Toronto neighbourhood of Forest Hill, set up a sideline in mortgages using “friends and family money” in 2013....
...Their natural habitat is a party in Monaco or Beverly Hills. Second is nostalgia....
...One start-up that provided earlier hope of an LA tech renaissance was Beverly Hills-based MySpace, the social network that once rivalled Facebook....
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