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BUSINESS
October 21, 1992 | From Times Staff and Wire Reports
Smith May Purchase and Merge Glenfed, Calfed: Former Security Pacific Corp. Chief Executive Robert H. Smith and former Federal Deposit Insurance Corp. Chairman William M. Isaac are considering a plan to buy and merge Glenfed Inc. and Calfed Inc., according to American Banker. The industry trade newspaper said Smith is trying to raise $700 million to acquire the two ailing thrifts. Merging Glenfed and Calfed would create the nation's third-largest thrift with assets of about $35 billion.
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BUSINESS
October 21, 1992 | From Times Staff and Wire Reports
Smith May Purchase and Merge Glenfed, Calfed: Former Security Pacific Corp. Chief Executive Robert H. Smith and former Federal Deposit Insurance Corp. Chairman William M. Isaac are considering a plan to buy and merge Glenfed Inc. and Calfed Inc., according to American Banker. The industry trade newspaper said Smith is trying to raise $700 million to acquire the two ailing thrifts. Merging Glenfed and Calfed would create the nation's third-largest thrift with assets of about $35 billion.
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BUSINESS
January 17, 1990 | KATHY M. KRISTOF, TIMES STAFF WRITER
In an unexpectedly sudden changing of the guard, Security Pacific Corp.'s two top officers--Richard J. Flamson III and George F. Moody--stepped down Tuesday, passing leadership of the nation's fourth-largest banking company to their heirs apparent, Robert H. Smith and Jerry A. Grundhofer. "What happened in the boardroom today was the product of planning that has been going on for some time," said Flamson, who has been chairman and chief executive of Security Pacific for more than a decade.
BUSINESS
June 25, 1992 | JAMES BATES, TIMES STAFF WRITER
Former Security Pacific Chief Executive Robert H. Smith, who joined BankAmerica Corp. as its second-ranking executive two months ago as part of BankAmerica's agreement to acquire Security Pacific, abruptly disclosed Wednesday that he will quit the bank in October. The bank's unexpected announcement was unusually candid in describing Smith's frustration, saying that he found his "current and anticipated responsibilities at BankAmerica to be less than I want."
BUSINESS
August 13, 1991 | KATHY M. KRISTOF, TIMES STAFF WRITER
Nobody calls Security Pacific Chairman and Chief Executive Robert H. Smith "Mr. Excitement"--unless, of course, they're kidding. A tall, quiet banker, Smith stands in stark contrast to his likely new boss, the dynamic Richard M. Rosenberg, the chairman and CEO of BankAmerica Corp. "They are a study," acknowledged Dick Warner, a Security Pacific executive vice president. "Bob is big and loose and Dick Rosenberg is this little ball of fire."
BUSINESS
July 20, 1989 | NANCY RIVERA BROOKS, Times Staff Writer
Security Pacific National Bank is arming itself for serious combat for the pocketbooks of small business, a growing market that has long been served primarily by smaller financial institutions. The bank on Wednesday named Stephen G. Carpenter as vice chairman in charge of running Security Pacific's new Middle Market Bank, which was formed a little more than a week ago to concentrate on businesses with sales ranging from about $2 million to $25 million.
BUSINESS
June 25, 1992 | JAMES BATES, TIMES STAFF WRITER
Former Security Pacific Chief Executive Robert H. Smith, who joined BankAmerica Corp. as its second-ranking executive two months ago as part of BankAmerica's agreement to acquire Security Pacific, abruptly disclosed Wednesday that he will quit the bank in October. The bank's unexpected announcement was unusually candid in describing Smith's frustration, saying that he found his "current and anticipated responsibilities at BankAmerica to be less than I want."
BUSINESS
June 21, 1987 | JESUS SANCHEZ, Times Staff Writer
When Robert H. Smith spreads his paper work from the office across the kitchen table, the setting is less than business-like--his youngest child keeps calling for attention, the television blares away and the family dog barks up a storm. The commotion does not bother Smith, the recently appointed president of Security Pacific National Bank, who managed to study for law school under the same noisy conditions 25 years ago.
BUSINESS
April 11, 1988
Security Pacific National Bank is the nation's seventh-largest bank with $75 billion in assets and 3.5 million depositors and borrowers, but it acts like it wants to be a neighborhood institution. Since Robert H. Smith took over as the bank's president in April, 1987, everyone from top executives to branch managers has been getting out in public more often in an effort to attract new customers and keep old ones happy.
BUSINESS
March 24, 1987
Security Pacific Vice Chairman Roy Hartmann, head of the Los Angeles-based bank's California Banking and Real Estate Industries System, will retire at the end of July. Vice Chairman and Chief Operating Officer Robert H. Smith will assume responsibility for the system in addition to his other duties.
BUSINESS
August 13, 1991 | KATHY M. KRISTOF, TIMES STAFF WRITER
Nobody calls Security Pacific Chairman and Chief Executive Robert H. Smith "Mr. Excitement"--unless, of course, they're kidding. A tall, quiet banker, Smith stands in stark contrast to his likely new boss, the dynamic Richard M. Rosenberg, the chairman and CEO of BankAmerica Corp. "They are a study," acknowledged Dick Warner, a Security Pacific executive vice president. "Bob is big and loose and Dick Rosenberg is this little ball of fire."
BUSINESS
January 17, 1990 | KATHY M. KRISTOF, TIMES STAFF WRITER
In an unexpectedly sudden changing of the guard, Security Pacific Corp.'s two top officers--Richard J. Flamson III and George F. Moody--stepped down Tuesday, passing leadership of the nation's fourth-largest banking company to their heirs apparent, Robert H. Smith and Jerry A. Grundhofer. "What happened in the boardroom today was the product of planning that has been going on for some time," said Flamson, who has been chairman and chief executive of Security Pacific for more than a decade.
BUSINESS
July 20, 1989 | NANCY RIVERA BROOKS, Times Staff Writer
Security Pacific National Bank is arming itself for serious combat for the pocketbooks of small business, a growing market that has long been served primarily by smaller financial institutions. The bank on Wednesday named Stephen G. Carpenter as vice chairman in charge of running Security Pacific's new Middle Market Bank, which was formed a little more than a week ago to concentrate on businesses with sales ranging from about $2 million to $25 million.
BUSINESS
April 11, 1988
Security Pacific National Bank is the nation's seventh-largest bank with $75 billion in assets and 3.5 million depositors and borrowers, but it acts like it wants to be a neighborhood institution. Since Robert H. Smith took over as the bank's president in April, 1987, everyone from top executives to branch managers has been getting out in public more often in an effort to attract new customers and keep old ones happy.
BUSINESS
June 21, 1987 | JESUS SANCHEZ, Times Staff Writer
When Robert H. Smith spreads his paper work from the office across the kitchen table, the setting is less than business-like--his youngest child keeps calling for attention, the television blares away and the family dog barks up a storm. The commotion does not bother Smith, the recently appointed president of Security Pacific National Bank, who managed to study for law school under the same noisy conditions 25 years ago.
BUSINESS
November 13, 1987
Robert H. Smith has been named vice chairman of Maxwell Communication Corp., a communcation firm based in Greenwich, Conn. Smith, formerly executive vice president-finance and administration, will continue to be responsible for all financial and administrative functions. He also serves on the board.
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