San Diego Business Journal

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

Responsible Investing A Growing Slice of Pie

WEALTH: Impact Factors Into 20% of Managed FundsMinding the bottom line for a business was once a simple matter of looking at the numbers.

By Sarah de Crescenzo April 20, 2017 12:40 p.m.   $$ Share

3 Takeaways From BofI Federal Bank’s Earnings Report

The numbers look good; CEO admonishes critics.

By Sarah de Crescenzo April 25, 2017 6:16 p.m. share »

Sale of Novatel Wireless Hits Government Snag

Inseego Corp. announced on April 24 that it has still not received U.S. government approval for its $50 million sale of its Novatel Wireless business to a Hong Kong company. San Diego-based Inseego (Nasdaq: INSG) warned that it may have to pursue other options with the business.

By Brad Graves April 24, 2017 5:25 p.m. share »
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No Matter How They Are Counted, Local VC Deals Have Slowed

How hard can it possibly be to track the venture capital raised by local companies? Apparently it’s trickier than one might think, based on a trio of reports that regularly report on such financings nationwide.

By Sarah de Crescenzo April 24, 2017 11:01 a.m. share »

Arena Pharmaceuticals Raises $79.4M in Common Stock Offering

Local drugmaker Arena Pharmaceuticals has raised $79.4 million in an offering of its common stock, the company announced April 21.

By Brittany Meiling April 21, 2017 2:50 p.m. share »

Seacoast Commerce Reports Q1 Net Income of $1.6 Million

Seacoast Commerce Banc Holdings, the parent company of Rancho Bernardo-based Seacoast Commerce Bank, reported net income of $1.6 million in the first quarter of the year, a 7.4 percent decrease compared to the same time last year when the company’s income was $1.7 million.

By Sarah de Crescenzo April 20, 2017 3:47 p.m. share »
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Grant Supports JFS’ Efforts to Give People Skills That Work

The Jewish Family Service of San Diego was awarded more than $19,600 by the Neighborhood Reinvestment Program from the San Diego County Board of Supervisors to create a special training room that will allow the agency’s Employment and Career Services department to provide job preparation and training services. The training room will be a resource for low-income San Diegans and will include new computer equipment, training materials and supplies.

By Stephanie Glidden April 20, 2017 1:37 p.m. share »

How Angel Investors Missed A Calling

San Diego has a small pool of angel investors who supply tech startups with cash, so the same few groups get inundated with cash-poor founders asking for support.

By Brittany Meiling April 20, 2017 1:01 p.m. share »
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Reducing the ‘Maybe’ From Angel Investors

San Diego is what startup people call an “angel town,” meaning tech entrepreneurs rely heavily on the city’s wealthy and willing angel investors to secure their startup capital.

By Brittany Meiling April 20, 2017 12:54 p.m. share »

State Agency Approves Charter for New S.D. Bank

San Diego’s first new bank in nearly a decade has gotten the California Department of Business Oversight’s OK to organize.

By Sarah de Crescenzo April 18, 2017 5:11 p.m. share »

Kodiak Capital Opens Office in La Jolla

Newport Beach-based Kodiak Capital Group LLC, a fund manager for venture investments into publicly traded companies, has opened an office in San Diego, the company announced.

By Sarah de Crescenzo April 18, 2017 4:58 p.m. share »

Bitcoin ATM Company Installs 3 More Machines in S.D. County

Texas-based bitcoin ATM company Coinsource is finding success in San Diego, according to CEO Sheffield Clark.

By Sarah de Crescenzo April 18, 2017 2:38 p.m. share »

CEOs Remain Upbeat About Economy, Survey Finds

Post-election optimism among top executives continued to rise in the first quarter of the year, according to a survey of CEOs by Vistage Worldwide LLC, the San Diego-based executive coaching company, but company leaders in San Diego weren’t quite as bullish as their nationwide counterparts.

By Sarah de Crescenzo April 18, 2017 11:41 a.m. share »

San Diego-Based Callan Capital Opens First Out-Of-State Office

La Jolla-based wealth management firm Callan Capital, which has operated in San Diego for about a decade, has opened a second office.

By Sarah de Crescenzo April 17, 2017 4:28 p.m. share »
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How Local Angel Investors Missed Out on 2 Successful Startups

San Diego has a small pool of angel investors who supply tech startups with cash, so the same few groups get inundated with cash-poor founders asking for support.

By Brittany Meiling April 14, 2017 12:58 p.m. share »