LOS ANGELES--(BUSINESS WIRE)--May 28, 2025--
Showcasing SMBC MANUBANK’s broad range of commercial banking expertise, three of the bank’s veteran leaders joined the elite ranks of Top 100 Bankers in Los Angeles announced by the Los Angeles Business Journal (LABJ).
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250528306441/en/
Those recognized among the region’s premier talent include Daniel Rogerson, MD, Co-Head of Commercial Finance; Subbu Viswanathan, MD, Head of Franchise Finance; and Bryan Flores, Director, Specialty Deposits.
This is a new award category from the LABJ. To be included in the inaugural Top 100 list is a testament to the impactful support and effective solutions these dedicated bankers consistently provide their clients—skillfully meeting the diverse financial needs of businesses helping to drive economic growth across Southern California and nationwide.
“It’s gratifying to see our colleagues honored for their contributions to the ongoing success of our clients and the organization,” said Hillary Savoie, Chief Banking Officer at SMBC MANUBANK. “I’m tremendously proud of Daniel, Subbu, and Bryan for earning this distinction and representing the bank in such a positive way.”
To commemorate the achievement, SMBC MANUBANK leaders celebrated with Mr. Rogerson, Mr. Viswanathan, and Mr. Flores during a VIP awards reception on May 15 hosted at the LABJ headquarters. The bank was a Platinum Sponsor of this event to further highlight the team’s inclusion alongside other LA banking industry luminaries. SMBC MANUBANK’s three winners were featured in the Top 100 Bankers special issue of the LABJ print and digital editions published on May 19.
ABOUT SMBC MANUBANK
SMBC MANUBANK is a wholly owned subsidiary of SMBC Americas Holdings, Inc., a member of SMBC Group—a global leader in finance and innovation. SMBC MANUBANK delivers tailored financial solutions, combined with first-class technology and a client-first service model. Our trusted advisors bring decades of commercial banking experience in diversified industries and specialty banking. SMBC MANUBANK’s digital division, Jenius Bank™, offers consumers tools and insights to better manage their personal finances and grow wealth. Headquartered in Los Angeles, California, SMBC MANUBANK also has offices in Beverly Hills, Brea, Encino, Glendale, Newport Beach, San Jose, Torrance, and Woodland Hills. For more information, visit www.smbcmanubank.com. Member FDIC.
(L-R): Subbu Viswanathan, MD, Head of Franchise Finance; Daniel Rogerson, MD, Co-Head of Commercial Finance; and Bryan Flores, Director, Specialty Deposits received "Top 100 Bankers" awards at a VIP reception hosted by the Los Angeles Business Journal and sponsored by SMBC MANUBANK on May 15, 2025.
WASHINGTON (AP) — In a lightning military strike, the U.S. captured Venezuelan President Nicolás Maduro and his wife, Cilia Flores, and spirited them out of the country to face justice in the United States.
Now President Donald Trump says the U.S. is “going to run” Venezuela until a transition of power can take place, but it's not clear what that will mean on the ground in the South American country.
The overnight operation left Venezuela reeling, with its leadership uncertain and details of casualties and the impact on its military still to emerge. Much is still unknown about how the U.S. ouster of Maduro will ricochet across the country and the region.
Here’s what we know — and what we don’t.
Explosions rang out and low-flying aircraft swept through Venezuela’s capital, Caracas, early Saturday. At least seven blasts were heard in an attack that lasted less than 30 minutes. The targets appeared to include military infrastructure.
Venezuelan ruling party leader Nahum Fernández said Maduro and Flores were captured at their home within the Ft. Tiuna military installation outside Caracas.
Venezuelan officials said people had been killed, but the scale of casualties was unclear.
The attack followed months of escalating pressure by the Trump administration, which has built up naval forces in the waters off South America and since early September has carried out deadly strikes on alleged drug-smuggling boats in the eastern Pacific and Caribbean. Late last month, the CIA carried out a drone strike at a docking area alleged to have been used by drug cartels.
Trump said during a news conference Saturday the U.S. would run the country and gestured to officials arrayed behind him, including Secretary of State Marco Rubio, Defense Secretary Pete Hegseth and Dan Caine, chairman of the Joint Chiefs of Staff, and said they’d be the ones doing it “for a period of time.”
Trump claimed the American presence was already in place, although across Venezuela's capital there were no signs that the U.S. had taken control of the government or military forces.
Trump claimed that Venezuelan Vice President Delcy Rodríguez had been sworn in as president shortly before he spoke to reporters and added she had spoken with Rubio.
“She is essentially willing to do what we think is necessary to make Venezuela great again. Very simple,” Trump said.
Rodriquez made no mention of talking to Rubio or being sworn in during a televised address after Trump's news conference.
Instead, she demanded the U.S. free Maduro and called him the country’s rightful leader. Rodriquez left open the door for dialogue with the U.S., while seeking to calm ruling party supporters.
“Here, we have a government with clarity, and I repeat and repeat again … we are willing to have respectful relations,” she said, referring to the Trump administration. “It is the only thing we will accept for a type of relationship after having attacked (Venezuela).”
Armed individuals and uniformed members of a civilian militia took to the streets of a Caracas neighborhood long considered a stronghold of the ruling party. But in other areas of the city, the streets remained empty hours after the attack. Parts of the city remained without power, but vehicles moved freely.
Trump offered no details on what U.S. leadership in Venezuela would mean or specify whether it would involve more military involvement.
The State Department did not immediately respond to questions about how the U.S. would run Venezuela, what authority it would use to administer it or whether it would involve any American personnel — either civilian or military — on the ground in Caracas or other areas of Venezuela.
Trump mentioned the country's oil infrastructure repeatedly during the news conference. He suggested there would be a substantial U.S. role in Venezuela's oil industry, saying that U.S. oil companies would go in and fix the broken infrastructure.
And Trump said the U.S. would use revenues from oil sales to pay for running the country.
“We’re going to get reimbursed for everything that we spend,” he said.
According to an indictment made public Saturday, Maduro is charged alongside his wife, his son and three others. Maduro is indicted on four counts: narco-terrorism conspiracy, cocaine importation conspiracy, possession of machine guns and destructive devices and conspiracy to possess machine guns and destructive devices.
Authorities allege powerful and violent drug trafficking organizations, such as the Sinaloa Cartel and Tren de Aragua gang, worked directly with the Venezuelan government and then sent profits to high-ranking officials who helped and protected them in exchange.
It was not immediately clear when Maduro and his wife would make their first court appearance in New York or where they would be detained once in the U.S.
Trump gave some details of the operation during a Saturday morning interview on “Fox and Friends," and he and Caine went into more depth during the news conference.
Trump said a few U.S. members of the operation were injured but he believed no one was killed.
He said Maduro was “highly guarded” in a presidential palace akin to a “fortress” and he tried to get to a safe room but wasn’t able to get there in time.
Trump said U.S. forces practiced the operation ahead of time on a replica building, and the U.S. turned off “almost all of the lights in Caracas,” although he didn’t detail how they accomplished that.
Caine said the mission had been “meticulously planned” for months, relying on work by the U.S. intelligence community to find Maduro and detail how he moved, lived, ate and what he wore.
The mission involved more than 150 aircraft launched across the Western Hemisphere, Caine said. Helicopters came under fire as they approached “the target area,” he said, and responded with “overwhelming force.”
The U.S. does not recognize the jurisdiction of the International Criminal Court, and the legal implications of the strike under U.S. law were not immediately clear.
The Trump administration maintains that Maduro is not the legitimate leader of Venezuela and claims he has effectively turned Venezuela into a criminal enterprise at the service of drug traffickers and terrorist groups.
Mike Lee, a U.S. senator from Utah, said on X that the action “likely falls within the president’s inherent authority under Article II of the Constitution to protect U.S. personnel from an actual or imminent attack.”
But some Democrats were more critical.
Sen. Tim Kaine, a Virginia Democrat, said in a statement, “President Trump’s unauthorized military attack on Venezuela to arrest Maduro — however terrible he is — is a sickening return to a day when the United States asserted the right to dominate the internal political affairs of all nations in the Western Hemisphere.”
Venezuelan opposition leader and Nobel Peace Prize winner María Corina Machado had intended to run against Maduro in the 2024 presidential election, but the government barred her from running for office. She went into hiding and wasn't seen for nearly a year.
Trump said Saturday that he hadn't been in touch with Machado and said it would be “very tough” for her to lead Venezuela.
“She doesn’t have the support within or the respect within the country. She’s a very nice woman, but she doesn’t have the respect,” Trump said.
Lawless reported from London. Associated Press Writer Danica Kirka in London contributed to this story.
President Donald Trump speaks at his Mar-a-Lago club, Saturday, Jan. 3, 2026, in Palm Beach, Fla. (AP Photo/Alex Brandon)
FILE - President Nicolas Maduro acknowledges supporters alongside first lady Cilia Flores during his closing election campaign rally in Caracas, Venezuela, July 25, 2024. (AP Photo/Fernando Vergara, File)
Pro-government armed civilians patrol in La Guaira, Venezuela, Saturday, Jan. 3, 2026, after U.S. President Donald Trump announced that President Nicolás Maduro had been captured and flown out of the country. (AP Photo/Matias Delacroix)
Supporters of Venezuelan President Nicolás Maduro embrace in downtown Caracas, Venezuela, Saturday, Jan. 3, 2026, after U.S. President Donald Trump announced that Maduro had been captured and flown out of the country. (AP Photo/Cristian Hernandez)
Men watch smoke rising from a dock after explosions were heard at La Guaira port, Venezuela, Saturday, Jan. 3, 2026. (AP Photo/Matias Delacroix)
Smoke raises at La Carlota airport after explosions and low-flying aircraft were heard in Caracas, Venezuela, Saturday, Jan. 3, 2026. (AP Photo/Matias Delacroix)
