San Diego Business Journal

SD FINANCE

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

Sempra Updates Financial Outlook

Sempra Energy reaffirmed its 2017 guidance on earnings per share, while also projecting growth of 10 percent to 11 percent, on a compound annual basis, through 2021.

By John Cox April 5, 2017 4:11 p.m. share »
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Seacoast Commerce Bank Opens Third Production Office in Texas

San Diego-based Seacoast Commerce Bank, a subsidiary of Seacoast Commerce Banc Holdings, opened a new loan production office March 27 in Austin, its third production office in Texas.

By Sarah de Crescenzo April 4, 2017 2:08 p.m. share »

BofI Stock Dips After Tabloid Asserts Federal Probe

San Diego-based BofI Holding Inc.’s stock is down nearly 9 percent over two days of trading since a New York-based tabloid published a story Friday alleging a federal money laundering probe into the company’s main subsidiary, BofI Federal Bank.

By Sarah de Crescenzo April 3, 2017 4:04 p.m. share »
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‘Screens, Genes & the Choices We Make’ Raises Funds for Komen

Susan G. Komen San Diego announced that its “Screens, Genes & the Choices We Make” symposium held recently at the San Diego Marriott Del Mar hotel raised $210,000.

By Stephanie Glidden April 3, 2017 10:15 a.m. share »
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Does Proposed Bank Have What It Takes?

New banks, like startups, are risky endeavors. But unlike startups, which try to disrupt traditional business models, banking is a well-established enterprise.

By Sarah de Crescenzo April 3, 2017 8:44 a.m. share »
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Venture Studio Model Leaves Startups Cold

There are very few venture capitalists investing in local tech startups, so when a new fund — Analytics Ventures — opened up shop in downtown San Diego, hopes were high.

By Brittany Meiling April 3, 2017 8:38 a.m. share »

LeanIn.Org Report Finds Women Paid 14% Less Than Men in San Diego

San Diego doesn’t have as far to go as the rest of the country to close the gender pay gap, according to organizers of a campaign aimed at bringing attention to pay disparities between men and women.

By John Cox April 3, 2017 8 a.m. share »
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Analytics' Entry Fizzles for Cash-Hungry Startups

There are very few venture capitalists investing in local tech startups, so when a new fund — Analytics Ventures — opened up shop in downtown San Diego, hopes were high.

By Brittany Meiling March 31, 2017 2:51 p.m. share »

LPL Moving Some Local Jobs to South Carolina

By year’s end, 133 jobs at the San Diego office of independent broker dealer LPL Financial LLC will have been moved to the company’s new South Carolina campus.

By Sarah de Crescenzo March 31, 2017 1:48 p.m. share »

Economic Outlook Better Than Predicted, Survey Finds

In a welcome reversal, February gains in five of six local and national measures have prompted creators of a San Diego County economic index to throw out their earlier prediction employment will grow slower this year than it did in 2016.

By John Cox March 30, 2017 2:07 p.m. share »
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Echo Continues to Impress, Brings In $7.5 Million

One of San Diego’s most popular startups, Echo Laboratories Inc., just scored $7.5 million to boost production of the company’s new microscope.

By Brittany Meiling March 30, 2017 noon share »
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Nicholas Alston Named Senior VP at New Bellwether Office

Bellwether Enterprise Real Estate Capital LLC, a national commercial and multifamily mortgage banking company based in Cleveland, recently announced a major expansion of its West Coast presence.

By Sarah de Crescenzo March 29, 2017 4:59 p.m. share »
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MindBody Acquires Fitness App Startup Lymber Wellness

San Diego’s fitness app startup Lymber Wellness has been acquired by MindBody, a company that primarily develops online booking software for the wellness industry.

By Brittany Meiling March 28, 2017 1:53 p.m. share »

Crunching the Numbers

While it’s generally good news any time San Diego County’s official unemployment rate declines, as happened in February, the bigger picture tends to be more nuanced.

By John Cox March 27, 2017 2:04 p.m. share »
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City National Bank Taps Hass Ibrahim to Oversee Downtown Office

Hass Ibrahim has been named vice president and manager of City National Bank’s downtown San Diego office. He previously worked at Citibank.

By Tarcy Connors March 27, 2017 1:58 p.m. share »