CBA Hosts DBO Roundtable in Los Angeles
Last Tuesday in Los Angeles, CBA hosted a Department of Business Oversight (DBO) roundtable meeting with 19 bankers participating. CBA President and CEO Rod Brown, CBA EVP and COO Maurine Padden, were joined by DBO chief deputy commissioner, Scott Cameron, and several deputy commissioners including Debie Abella, John Ross, Lila Mirrashidi and Cathy Nahnsen-Robison. Highlights of the two-hour program featured a presentation from DBO staff on trends in regulatory examination findings as well as a robust dialogue about prominent industry issues including CRE loan concentrations, stress testing, vendor management and bank applications. DBO staff also shared with meeting participants that they do not expect an increase in the annual assessment for 2014-2015 fiscal year.