Bright Lights: A Conversation with Ray Davis, CEO of Umpqua Bank
Terry Hackney
Date:
June 14, 2010 - 6:00pm - 7:30pm
Location:
Jimmy Mak’s, 221 NW 10th Ave. in the Pearl
Banking, Bailouts, and Business: the New Financial Landscape - Globally and Locally
At no time since the Great Depression has the banking business been so volatile. But under the direction of CEO Ray Davis, Umpqua Bank — Oregon’s largest local bank — fueled up on $214.2 million from the government’s Troubled Asset Relief Program (TARP), took over the operations of two failed banks, issued $1.7 billion in new loans to stimulate Oregon’s economy and then repaid the TARP loans.
On June 14, Ray Davis will offer his insights into the current state of banking, the credit crisis and an outlook for what’s ahead.
The Bright Lights series is presented by Portland Monthly magazine with City Club of Portland.
Committee:
Agora Steering Committee 