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John Paulson

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  • Fed to hold public hearing on pending OneWest-CIT merger

    Fed to hold public hearing on pending OneWest-CIT merger
    Bank regulators will hold a public hearing later this month in Los Angeles on the planned $3.4-billion takeover of OneWest Bank in Pasadena, rejecting efforts by its chief executive to win approval without such an inquiry.
  • Public hearing planned on proposed sale of OneWest Bank to CIT Group

    Public hearing planned on proposed sale of OneWest Bank to CIT Group
    Rejecting an unusual email campaign fomented by a top bank officer, regulators decided to hold a public hearing later this month in Los Angeles on the planned $3.4-billion takeover of OneWest Bank in Pasadena. The decision, announced Friday, came one...

    OneWest Bank takeover spurs email fight

     OneWest Bank takeover spurs email fight
    The protesters outside OneWest Bank in Pasadena rankled Chief Executive Joseph Otting. Their signs — "Don't be a Grinch" and "Jail OneWest Bankers" — were part of a push to have regulators scrutinize the $3.4-billion purchase of the bank...

    Advocacy group protests CIT Group deal for OneWest Bank

    Advocacy group protests CIT Group deal for OneWest Bank
    National business banking lender CIT Group Inc. stands to collect more than $1.4 billion from federal regulators to cover future losses should its purchase of OneWest Bank in Pasadena be approved. News of the loss coverage, part of a Freedom of...

    Protesters challenge $3.4-billion purchase of OneWest

    Protesters challenge $3.4-billion purchase of OneWest
    Two major advocacy groups for low-income Californians are calling on the Federal Reserve to reject the proposed $3.4-billion acquisition of Pasadena’s OneWest Bank by CIT Group -- at least until community groups can sound off at a public hearing.¬†...