SD FINANCERecent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...
Chicago-based LaSalle Investment Management has joined the development venture working on the previously announced, $90 million IDEA1 mixed-use development in downtown San Diego’s East Village.
San Diego-based TVC Capital, a software-focused growth equity firm, announced the closing of TVC Capital III with $115 million in capital commitments.
San Diego-based Barney & Barney Insurance Services LLC, a division of Marsh & McLennan Agency LLC, named Steven Berk its new chief financial officer.
Guild Mortgage Co., the San Diego private mortgage bank, said it opened an operations center in Reno, Nev.
Encore Capital Group Inc., the San Diego buyer and collector of charged off credit card debt, agreed to a settlement with the New York State Attorney General’s office over allegations of using improper debt collection methods against thousands of New York consumers, the office said.
At the end of last month, Seacoast Commerce Bank in Rancho Bernardo put out a release trumpeting the fact that it received a 5-star, Superior rating, the highest possible, from Bauer Financial Inc., a nationally recognized bank-rating firm that many consumers use to determine the safety and strength of a bank.
ECONOMY: Experts See Competition for Workers
A recurring theme at the San Diego Business Journal’s 2015 Economic Trends Event centered on a refreshingly direct result of expanding national and regional economies — hiring and keeping the region’s abundance of top talent.
FINANCE: Experts Differ On Bonanza’s Sustainability
Remember the get-rich-quick fervor that inspired the dot-com boom in the late ’90s?
Q&A: Eugenio Aleman, Wells Fargo
Eugenio J. Aleman is director and senior economist for Wells Fargo, where he primarily focuses on the U.S. economy, consumers and interest rates.
Trindl Reeves is principal/chief sales officer for Barney & Barney LLC.
Q&A: Tom van Betten, DTZ, formerly Cassidy Turley
Tom van Betten is managing director/Tenant Representation for DTZ, formerly Cassidy Turley.
Q&A: Brett Good, Robert Half
Brett Good is a senior district president for Robert Half, which specializes in staffing. Good has been with the company since 1998 and oversees the company’s Accountemps, OfficeTeam, Robert Half Finance & Accounting and Robert Half Management Resources divisions throughout Southern California and Arizona.
Eric Rohner is a tax partner at Moss Adams, LLP, where he serves privately held and public companies with a focus on the technology and manufacturing and distribution industries.
Q&A: Jane Finley, Kaiser Permanente
Jane Finley is senior VP & executive director of Kaiser Permanente in San Diego. Finley began her career with Kaiser Permanente in 1984 and was based in Downey before moving to San Diego in the spring.
The life science industry is leading the venture capital race in San Diego — and winning by a huge margin. The sector attracted nearly four times the investment capital in the third quarter of 2014 as the software industry, which ranked second.