Union Bank’s earnings rose slightly to $13.6...
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Union Bank’s earnings rose slightly to $13.6 million in its first quarter, compared to $13 million for the year-ago period. The Los Angeles-based bank said it began the year with a lower loan volume due to several factors, including “exit strategies from certain customer relationships that no longer meet our credit standards,” and some loan marketing difficulty in recent months because of its pending sale to California First Bank.
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