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Byline: - Staff and Wire Services

Bank announces $500 million mark

American Business Bank announced Monday that it crossed the banking milestone of $500 million in assets in less than seven years of operations.

The Los Angeles-based bank, founded in 1998 by five former business banking executives, provides financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 to businesses in the middle market.

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

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 President and Chief Executive Officer Donald P. Johnson, the bank reported $518 million in total assets at the close of business on July 29.

Emerson named to post at Big 5

EL SEGUNDO El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and  - Big 5 Sporting Goods Big 5 Sporting Goods (NASDAQ: BGFV) is a sporting goods retailer headquartered in El Segundo, California with 344 stores in 10 western states. Steven G. Miller is the Chairman, President, and CEO.  Corp. announced Monday the appointment of Barry D. Emerson as the company's senior vice president, chief financial officer and treasurer, beginning early next month.

Emerson has more than 20 years of accounting and financial management experience, including CFO See Chief Financial Officer.  positions with U.S. Auto Parts Auto parts are components of automobiles. They mainly are, in alphabetic order (only car specific articles or articles with car section):
  • Air filter
  • Automobile self starter
  • Bell housing
  • Brakes
  • Bucket seat
  • Bumper
  • Buzzer
  • Battery
 Network, an Internet direct marketer of automotive replacement parts and accessories, and Elite Information Group, a software developer that traded on the Nasdaq National Market before being acquired.

Emerson also was employed by Wyle Electronics for 15 years, where he held the titles of vice president and corporate controller.

Sony TV leaders to push expansion

CULVER CITY - Sony Pictures Television Sony Pictures Television, Inc. (SPT) is an American television production and distribution company. It is a subsidiary of Sony Pictures Entertainment. In turn, the latter is part of the Japanese conglomerate Sony.  International announced Monday the promotions of two senior-level executives helping to lead its global expansion.

Andy Kaplan was promoted to president, International Networks, and John McMahon was named president and managing director, Europe.

Both report to SPTI SPTI Sony Pictures Television International
SPTI SCSI Pass Through Interface
 President Michael Grindon.

SPTI is the division of Sony Pictures Entertainment responsible for all television businesses outside of the United States.

Treasury auctions $18 billion in bills

WASHINGTON - The Treasury Department on Monday auctioned $18 billion in three-month bills at a discount rate of 3.460 percent, down from 3.470 percent last week. Another $16 billion in six-month bills was auctioned at a discount rate of 3.690 percent, down from 3.705 percent last week.

The three-month rate was the lowest since three-month bills averaged 3.400 percent on Aug. 1. The six-month rate was the lowest since 3.680 percent on Aug. 8.

Regulators suing former drug execs

WASHINGTON - Two former executives of Bristol-Myers Squibb Co., previously indicted INDICTED, practice. When a man is accused by a bill of indictment preferred by a grand jury, he is said to be indicted.  on criminal conspiracy and securities fraud charges, were sued Monday by federal regulators who accused them of civil fraud in orchestrating a $1.5 billion scheme to deceive investors about the company's performance.

The Securities and Exchange Commission announced the lawsuit against Frederick Schiff, Bristol-Myers' former chief financial officer, and Richard Lane, former executive vice president and president of the pharmaceutical company's worldwide medicines group.

The SEC is seeking unspecified civil penalties against the two former executives.
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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Date:Aug 23, 2005
Words:433
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