SD FINANCERecent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...
SmartDrive Systems said on March 30 that it raised $50 million of additional venture funding.March 31, 2015 3:08 p.m. Share
Two Women Entrepreneurs Saw Opportunity in A Financial Market That Wasn’t Being Well Served
When Valorie Seyfert and Amy Beattie launched CUSO Financial Services (CFS) in 1996, they were betting they could capitalize on credit unions’ frustrations with the independent broker-dealers the institutions had hired to offer securities products, such as annuities and mutual funds, to the unions’ members.
FINANCE: Boot Camp Wants Female Investors for World Changing Mission
An all-female boot camp for angel investors is coming to San Diego this fall, designed to boost the participation of women in a field dominated by men.
San Diego-based Realty Income Corp. has closed on a new $2.25 billion unsecured credit facility, to replace a previous $1.5 billion unsecured credit facility.
FINANCE: Growth Slows; New Regulation Considered
California payday lenders are seeing more customers and doing more business than ever, even as the industry’s growth rate has slowed substantially since 2010, state regulators said last month.
Comerica Bank’s California Economic Activity Index improved in April, increasing 0.7 of a percentage point to a level of 119.7, the bank said.
Carlsbad-based HomeFed Corp., real estate investment and development firm, announced that it has successfully closed a private placement of $125 million of 6.50 percent senior notes due 2018.
The Philippine Honorary Consul of San Diego, Audie J. de Castro, will head a San Diego delegation of government officials and business executives on an economic mission to the Philippines from July 6-10.
An index of San Diego’s economic health rose again in May, marking 12 straight months of positive outlooks, the University of San Diego said Tuesday.
Teen and adult acceptance of working mothers has risen to an all-time high, about double what it was in the late 1970s, researchers at San Diego State University and the University of California, San Diego said Monday.
A federal judge sentenced a former Qualcomm Inc. executive to 18 months in prison and fined him $500,000 for acting on insider information to profit from stock trades and then trying to cover up the incidents.
INSURANCE: Verifying COIs and Knowing Limits Of Policies Are Musts
Whenever entities work with vendors, suppliers, or tenants, especially in the public sector, it’s important to make sure they are doing business with people who are properly insured.
ECONOMY: VC, Research, And Funding Fuel Growth
A new report from business accelerator CONNECT says 2014 was a banner year for San Diego’s innovation economy, with 446 new companies created in the region.
The San Diego County Credit Union, San Diego’s largest locally-owned financial institution, has opened a new branch in the Hillcrest area at the corner of 5th and University avenues.
San Diego-based Cruzan has acquired the Del Mar Corporate Plaza office property in Del Mar Heights for $29.4 million, according to brokerage company DTZ.
USD's Engineering School Gets $2 Million Grant to Promote Diversity, Bring Cultural Change to Department
The Shiley-Marcos School of Engineering at the University of San Diego has been awarded a $2 million grant to revolutionize engineering education, USD said.