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OC Banks Among Falling Safes on Wall Street

FINANCE: Struggling amid rising interest rates, skinnier ‘spreads’

It was a terrible week on Wall Street for Orange County’s biggest banks.

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Stephen Gordon

Longtime banker formed Opus via $460M recap, Bay Cities National Bank, 2010 … $7.7B assets … investors include Elliott Associates, Starwood Capital, Fortress Investment … rough year: took charges on some loans,

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