By Daily Press staff
There’s a new man in charge at The Provate Bank of California.
Richard A. Smith, a senior officer at West Los Angeles banks over the past 25 years, has been elected president and a director of The Private Bank of California in Century City, which serves Santa Monica.
The Private Bank of California opened for business on Oct. 24 following a record initial public offering totaling $36.3 million, the largest IPO ever for a new bank in California.
For the past five years, Smith has headed the private banking group at the Beverly Hills office of one of the country’s largest banks. Smith graduated from the University of Denver with a bachelor of science degree in business administration.
The Private Bank of California is a community bank serving customers in West Los Angeles, Beverly Hills and Santa Monica. They include high net worth individuals, business owners, legal and financial professionals and their firms and entertainment service businesses. Film Fest looking for some reel help
Originally published in the Santa Monica Daily Press print edition on November 17, 2005. Read the original PDF.