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

Time To Pull Chips Off The Table

Climate, Strong Economy, Aging Owners Will Combine to Keep Accounting Firms Busy in 2017Accounting firms and professionals who handle mergers and acquisitions in the San Diego region anticipate a strong year ahead for such transactions. It seems there are exit signs all around, especially the aging population of business owners, a strong local economy and the expectation of a favorable business climate with the incoming administration.

By Emmet Pierce January 12, 2017 4:22 p.m.   $$ Share
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CCS Honors Those Helping to Prevent Domestic Violence

The Center for Community Solutions recently held its 18th Annual Tea and Tonic event at the Hilton La Jolla Torrey Pines. The sold-out crowd of more than 550 guests included local businesses, community leaders and philanthropists. The organization reported that preliminary event proceeds of more than $250,000 were raised to support its full range of domestic violence, sexual assault and stalking intervention and prevention programs.

By Stephanie Glidden May 25, 2017 2:57 p.m. share »
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New JCF CEO Takes Entrepreneurial Approach To Philanthropy

Beth Sirull, CEO of the nonprofit Jewish Community Foundation of San Diego, is bringing new fundraising strategies to the post she assumed in March.

By Emmet Pierce May 25, 2017 2:27 p.m. share »

BofI Is Considering Offering Unsecured Consumer Loans

San Diego-based BofI Holdings Inc., parent company of BofI Federal Bank, is piloting a lending program to offer unsecured loans — no collateral required — to consumers this year.

By Sarah de Crescenzo May 19, 2017 2:09 p.m. share »

S.D.'s PointPredictive, Auto Lenders Collaborate to Fight Fraud

San Diego's PointPredictive, which uses big data and machine learning to predict fraud, said more than a dozen auto lenders recently met in Austin to discuss how to expand the Automotive Lending Fraud Consortium.

By Sarah de Crescenzo May 18, 2017 4:21 p.m. share »

Lockheed Closes Local Office, Plans Cuts at Training Facility

San Diego’s loss is Denver’s gain as Lockheed Martin Corp. closed one of its local offices.

By Brad Graves May 18, 2017 3:58 p.m. share »

Fewer Jobs Projected in Region's Life Science Industry

San Diego’s life science industry has boomed over the past five years, but a new report by local industry group Biocom is predicting employment in this sector will slow to a crawl.

By Brittany Meiling May 18, 2017 2:49 p.m. share »
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Peacemaker Awards Dinner Raises $500,000 for Conflict Resolution

The National Conflict Resolution Center raised more than $500,000 at its 29th Annual Peacemaker Awards Dinner held at the Hyatt Regency La Jolla at Aventine.

By Stephanie Glidden May 18, 2017 2:26 p.m. share »

Execs See Conditions Conducive to Even Better Local Economy

A trio of finance executives from Los Angeles-based City National Bank and its parent company, Royal Bank of Canada, sent an upbeat message about the state of the economy to clients who gathered recently in La Jolla at the Lodge at Torrey Pines. They predicted continued strength in the stock market and an increase in home buying by maturing millennials.

By Sarah de Crescenzo May 18, 2017 2:13 p.m. share »
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New Ambitions For Design District

The area of Solana Beach known as the Cedros Avenue Design District looks nothing like it did in the 1940s, when Quonset huts housed airplane parts from a manufacturing plant that operated there.

By Lou Hirsh May 18, 2017 1:39 p.m. share »

These 4 San Diego Business Segments Are Bullish

Business people in San Diego remain optimistic about the economy, according to the latest report from the San Diego Regional Chamber of Commerce, which regularly fields responses from about 200 randomly selected members of San Diego-area chambers of commerce to get a picture of the local business forecast.

By Sarah de Crescenzo May 17, 2017 5:14 p.m. share »

Mad Engine Acquires Neff Headwear

San Diego-based licensed apparel company Mad Engine LLC has acquired Neff Headwear from Marlin Equity Partners and the Neff Family, the company announced.

By Steve Adamek May 16, 2017 11:20 a.m. share »

Private Bancorp Reports Increase in First Quarter Earnings

Private Bancorp of America Inc., the La Jolla-based parent company of San Diego Private Bank, saw earnings rise 20 percent from a year ago in its first quarter ending March 31, reaching $1,346,000.

By Lou Hirsh May 16, 2017 11:15 a.m. share »
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Agriculture Co. Plants Seeds of Education with Its Grant

Organics Unlimited, a San Diego-based grower and importer of organic fruit, announced a grant of $170,000 to Project Amigo to assist with 2017 operations and projects. Through its GROW fund, Organics Unlimited donates a percentage of every organic banana sale back to the communities in rural Mexico and Ecuador where the fruit is grown.

By Stephanie Glidden May 15, 2017 10:30 a.m. share »

Defining Dollars: The Funding Rounds

Anyone who has paid even tangential attention to the startup world is familiar with the terms used to describe funding rounds.

By Sarah de Crescenzo May 15, 2017 10:01 a.m. share »
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Four Things Founders Need to Know About SEED San Diego

Here are four things Eric Gasser wants founders to know about SEED San Diego, the early-stage investor group he co-founded.

By Brittany Meiling May 12, 2017 2:04 p.m. share »