SD FINANCE

Recent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...

Accounting Outsourcing Firm Fills Holes in Cos.’ Finance Teams

FINANCE: Signature Covers Bookkeeping To Business InsightsSignature Analytics CEO Peter Heald sees the scope of the rapidly growing financial firm’s opportunity through the lens of “the second black box” of small business — operational finance.

Boys & Girls Clubs Partners to Support, Serve Military Kids

Boys & Girls Clubs of Greater San Diego hosted a military public-private partnership inaugural roundtable discussion to kick off “Better Together: A Military Public-Private Partnership” designed to allow children and teens to share their experiences and challenges as members of military families. The roundtable took place recently at the Clairemont Branch in the education and nutrition center.

Real Estate Tech Startup Agentology Raises $12M

The company, which qualifies and pursues leads for real estate agents, employs about 150 people in San Diego.

Ballast Point Teams with EDC to Benefit Local Businesses, Entrepreneurs

Ballast Point said April 19 it’s crafting a specially-brewed beer to mark its partnership with the San Diego Regional Economic Development Corporation (EDC).

CDC Small Business Finance to Receive SBA Award

CDC Small Business Finance has facilitated more than $13 billion in financing to more than 11,000 small businesses.

Layoffs To Come At Qualcomm To Cut Costs

Qualcomm Inc. (Nasdaq: QCOM) will cut 1,231 jobs in San Diego.

Qualcomm Announces Quarterly Dividend of 62 Cents Per Share

The dividend payout will be 9 percent higher than what shareholders have received quarterly since April of 2017.

Real Estate Tech Startup Measurabl Raises $7M in Series A Round

Real estate operators use the San Diego-based company's platform to track and analyzes data on commercial properties' impacts on the environment.

New Private Equity Firm Opens in Carlsbad

The firm said it aims to invest in lower middle market companies in the manufacturing, niche software, business services and food sectors.

Program Gives Students Some Key Lessons in Kindness, Helping

During a three-day period last month, Shoal Creek Elementary students in Poway collected $1,000 in donations for San Diego’s Ronald McDonald House as part of the charity’s Red Shoe Crew program. To foster a sense of kindness and charity among school-aged children, students participating in the Red Shoe Crew program help educate their peers on the Ronald McDonald House Charities of San Diego’s mission.

Union Bank Names New Regional Director for San Diego Private Banking Team

Barry Wellins' experience includes a prior stint with Union Bank: From 2001-2003, Wellins was the bank's Santa Monica branch manager.

Poseida Therapeutics Raises $30.5M to Further Develop Cancer Treatments

The biotechnology company described the financing round as oversubscribed.

Gurtin Municipal Bond Management Opens Third Office

The firm, which specializes in municipal bond portfolio management, had $14 billion in discretionary assets under management as of March 31.

Mercy Ball Brings in $700,000 to Support Scripps’ Facilities

Scripps Mercy Hospital celebrated the institution’s three decades of lifesaving trauma care at the annual Mercy Ball recently at the The Pendry hotel in downtown San Diego. Nearly 500 supporters attended the sold-out event that raised $700,000 to benefit the Scripps Mercy San Diego Trauma Center patients on both campuses, including the purchase of cutting-edge technology for head and spine trauma surgery in Hillcrest and the remodel fund for Chula Vista’s Triage Center.

Cos. Need to Make Sure They Plug Potential Holes in Coverage

INSURANCE: Right Deductible, Choice of Counsel Can Be Important

Obtaining Employment Practices Liability Insurance (EPLI) is a strong base for any corporation as it pertains to protecting its investment, but experts want business owners to know that’s just the start.

Insurance in the Age of #MeToo

Just last fall, Kailey Rowan, owner of Hardcore Fitness North County in Vista, which has five employees and over 430 members, had no idea what Employment Practices Liability Insurance (EPLI) was. Consequently, she hadn’t imagined the risk she’d been taking as a small business owner not having it.