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Sgv Bancorp Inc

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BUSINESS
March 5, 1997 | Times Staff and Wire Reports
A hearing in federal court in Las Vegas is set for today on motions filed by Beverly Hills-based Hilton Hotels Corp. in connection with its $10.5-billion hostile takeover bid for ITT Corp. Hilton filed motions for two preliminary injunctions that seek to prevent ITT from amending its corporate bylaws or increasing the size of its board to fend off its offer. . . . West Covina-based SGV Bancorp Inc.
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BUSINESS
April 4, 2000 | Bloomberg News
* Mortgage banker IndyMac Mortgage Holdings Inc. said its co-founder, Angelo Mozilo, has resigned as president and vice chairman to devote full attention to his role as chairman and chief executive of Calabasas-based Countrywide Credit Industries Inc. In a related announcement, IndyMac said Countrywide's president and founding chairman, David Loeb, is retiring. Loeb will remain IndyMac's chairman, the company said.
BUSINESS
July 4, 2000 | BRAD BERTON, SPECIAL TO THE TIMES
IndyMac Bancorp Inc. will relocate its mortgage banking group within Pasadena as part of a reorganization tied to its just-completed acquisition of SGV Bancorp Inc. The company will move its Web-based mortgage banking operations early next year from IndyMac headquarters on North Lake Avenue to a three-story building at 300 N. Halstead St. near Foothill Boulevard.
BUSINESS
July 14, 1999 | From Times Staff and Wire Reports
IndyMac Mortgage Holdings Inc., a major provider of home loans, said Tuesday that it has agreed to purchase a San Gabriel Valley bank for $62.5 million as part of a plan to shed its status as a real estate investment trust. The Pasadena-based mortgage lender said that all of its $4.4 billion in assets will be folded into West Covina-based SGV Bancorp Inc., which would be renamed IndyMac. First Federal Savings & Loan Assn.
BUSINESS
July 25, 1998 | From Times Wire Services
Metro-Goldwyn-Mayer Inc. on Friday reported a second-quarter loss and said it will raise $250 million in equity capital, partly because it expects to generate cash more slowly than expected from TV and home video operations. The Santa Monica-based company said it lost $55 million, or 84 cents a diluted share, reflecting a write-down related to the release of certain feature films, litigation and other expenses. The company lost $14.
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