San Diego Business Journal


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

Support CalCAP for Small-Business Lending

Small businesses provide economic opportunities, jobs and services we all rely on. But the future of a state program that helps entrepreneurs like us get the capital we need to launch and grow our businesses is in jeopardy.

By Hasani James & Ruben Wade June 22, 2017 1:45 p.m. share »
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Golf Becomes a Team Sport at Drives For Rides Tournament

The 5th annual Drives for Rides golf tournament benefitting the Emilio Nares Foundation, a nonprofit that helps families navigate their child’s journey through cancer, was hosted by gap intelligence at the Encinitas Ranch Golf Course. The event included a golf tournament with raffles and a silent auction, followed by a dinner banquet, during which guests heard from a family helped by the Emilio Nares Foundation.

By Stephanie Glidden June 22, 2017 1:38 p.m. share »
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Growth, Success Bring Seismic Challenges

From five guys working out of a basement in Solana Beach to a multimillion-dollar tech company employing hundreds, Seismic Software Inc. has become one of San Diego’s fastest-growing software firms.

By Brittany Meiling June 22, 2017 12:48 p.m. share »

CUSO Financial Services Adds 3 Credit Unions

San Diego's CUSO Financial Services LP recently announced it has added three Washington state-based credit unions to its roster.

By Sarah de Crescenzo June 22, 2017 11:51 a.m. share »

Former Vibra Bank Exec Pleads Guilty to Wire Fraud

Dan Schon, a former executive at Vibra Bank, pleaded guilty on Tuesday to wire fraud, according to a statement from the Office of the U.S. Attorney for the Southern District of California.

By Sarah de Crescenzo June 21, 2017 5:25 p.m. share »

HoyleCohen Merges With Libbie Agran Financial

HoyleCohen LLC, a wealth management and financial planning firm headquartered in San Diego, has merged with Santa Monica-based registered investment advisory firm Libbie Agran Financial Services & Seminars.

By Sarah de Crescenzo June 20, 2017 5:13 p.m. share »

Akcea Therapeutics Announces $100 Million IPO

Akcea Therapeutics, a spinout and subsidiary of Carlsbad drugmaker Ionis Pharmaceuticals, plans to raise $100 million in an initial public offering, the company announced Tuesday.

By Brittany Meiling June 20, 2017 3:07 p.m. share »
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Eroding Protections Is No Path to Fixing BOE

The State Board of Equalization has been in the headlines lately, after an evaluation by the Department of Finance revealed that the tax agency misused revenue-generating staff and misallocated some tax revenue among various funds. But rather than focusing on correcting these problems, some critics are trying to use the situation as an excuse to do away with taxpayer protections.

By Teresa Casazza June 19, 2017 3:54 p.m. share »
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‘Changing the Odds’ Gives Kids Chance to Excel at School, Life

United Way of San Diego County’s first “Changing the Odds Community Breakfast” was held recently at the San Diego Convention Center.

By Stephanie Glidden June 19, 2017 3:48 p.m. share »
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New Investors Eyeing Local Startups

A new group of investors has opened up shop in San Diego, investing in seven companies (many of them local tech startups) in less than three months.

By Brittany Meiling June 19, 2017 3:22 p.m. share »
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Moore Sets Sail on Latest Effort to Connect With VCs

The spatters of seawater on Terry Moore’s T-shirt from an afternoon of sailing off Point Loma had barely dried when he took a seat on the deck of the San Diego Yacht Club following last summer’s fourth annual VC Regatta.

By Sarah de Crescenzo June 19, 2017 3:19 p.m. share »

S.D. Genomics Industry Producing $5.6 Billion in Economic Impact

San Diego’s genomics industry is generating $5.6 billion in economic activity — more than the entire research community — according to a new report published by the San Diego Economic Development Corp.

By Brittany Meiling June 19, 2017 3:19 p.m. share »

San Marcos' Hunter Industries Acquires Dispensing Dynamics

Hunter Industries of San Marcos said on June 16 that it bought Dispensing Dynamics International, based in the City of Industry.

By Brad Graves June 19, 2017 3:15 p.m. share »

Regents Bank Promotes Friedman to Regional President for San Diego Offices

La Jolla-based Regents Bank, a division of Los Angeles-based Grandpoint Bank, has promoted Stephen Friedman to regional president over the bank’s San Diego County offices.

By Sarah de Crescenzo June 19, 2017 3:14 p.m. share »
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Tech Startup PetDesk Raises $2.1 Million

Local tech startup PetDesk has raised $2.1 million in an equity round, according to legal paperwork filed with regulators Thursday.

By Brittany Meiling June 18, 2017 1:09 p.m. share »