Advertisement
YOU ARE HERE: LAT HomeCollectionsCna Trust
IN THE NEWS

Cna Trust

MORE STORIES ABOUT:
FEATURED ARTICLES
BUSINESS
May 18, 2004 | From Associated Press
CNA Financial Corp. said it has agreed to sell its CNA Trust business to Union Bank of California. Financial terms weren't disclosed for the transaction, which is expected to be completed on or before the end of the third quarter. Union Bank of California is a subsidiary of San Francisco-based holding company UnionBanCal Corp. CNA Trust, based in Costa Mesa, helps other financial institutions offer 401(k) plan services.
ARTICLES BY DATE
BUSINESS
May 18, 2004 | From Associated Press
CNA Financial Corp. said it has agreed to sell its CNA Trust business to Union Bank of California. Financial terms weren't disclosed for the transaction, which is expected to be completed on or before the end of the third quarter. Union Bank of California is a subsidiary of San Francisco-based holding company UnionBanCal Corp. CNA Trust, based in Costa Mesa, helps other financial institutions offer 401(k) plan services.
Advertisement
BUSINESS
March 18, 1998 | Bloomberg News
CNA Trust, which manages $1.5 billion in assets for more than 5,000 customers, said Tuesday that it has asked federal regulators for approval to convert its business from a state-chartered institution to a federal savings bank. The move would allow CNA, the nation's fourth-largest U.S. property and casualty insurance provider, to offer financial services across the country. The company is the latest non-bank financial giant to seek a charter from the Office of Thrift Supervision.
BUSINESS
March 18, 1998 | Bloomberg News
CNA Trust, which manages $1.5 billion in assets for more than 5,000 customers, said Tuesday that it has asked federal regulators for approval to convert its business from a state-chartered institution to a federal savings bank. The move would allow CNA, the nation's fourth-largest U.S. property and casualty insurance provider, to offer financial services across the country. The company is the latest non-bank financial giant to seek a charter from the Office of Thrift Supervision.
CALIFORNIA | LOCAL
September 25, 2004 | Robert Salladay, Times Staff Writer
Lawyers for Gov. Arnold Schwarzenegger have ruled that a high-ranking aide to the governor can serve on the board of directors of a Nevada bank that does business in California, the administration said Friday. Government reform groups had questioned whether Marybel Batjer, the governor's Cabinet secretary, violated conflict-of-interest rules by joining the board of Bank Holdings Inc.
CALIFORNIA | LOCAL
September 23, 2004 | Robert Salladay and Peter Nicholas, Times Staff Writers
Gov. Arnold Schwarzenegger is reviewing whether a top-ranking aide violated conflict-of-interest rules by joining the board of directors of a Nevada bank that does business in California, officials said Wednesday. Marybel Batjer, Schwarzenegger's cabinet secretary, joined the board of Bank Holdings on Sept. 16 -- a month after the company announced it was purchasing a bank charter in Costa Mesa and moving the operation to Sacramento.
BUSINESS
February 6, 2001
* EGL Eagle Global Logistics, a Houston-based provider of logistics services, will relocate its Los Angeles facility from Hawthorne to a 305,400-square-foot industrial building in Harbor Gateway Commerce Center at 19600 Western Ave. in Los Angeles after signing a 10-year, $22-million lease. EGL will relocate its 370-employee domestic airfreight operations in March. Bret Quinlan and David Cook of Cushman & Wakefield represented EGL.
BUSINESS
March 8, 1998
* Anthony Richardson has joined Smartflex Systems Inc., a Tustin provider of electronic manufacturing services, as executive vice president and chief operating officer. He will have primary responsibility for worldwide operations, marketing, sales and business development. Richardson was previously with Raychem Corp.
Los Angeles Times Articles
|