SD FINANCERecent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...
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.
INVESTING: Startups Will Join Others Working At COI Pharmaceuticals
Avalon Ventures announced the launch of three new biotech companies formed through its collaboration with British drugmaker GlaxoSmithKline.
FINANCE: Uncertainties of Currency Keep Others Away
Few banks do business with Bitcoin and other digital currency firms, and even fewer make those relationships public.
The number of underwater San Diego homes, with owners owing more in mortgages than the homes were worth, fell by about 13,000 to 44,854 in the last year, according to a report released Tuesday by CoreLogic.
San Diego foreclosure rates dropped another tenth of a percent in April compared to last year, with 0.4 percent of outstanding mortgage loans foreclosing, according to CoreLogic.
FINANCE: Co. Puts 45% in Alternatives as Hedge for Bad Times
For decades, the basic makeup of an investment strategy has been 60 percent stocks and 40 percent bonds. Investors looking to further diversify might put up to 10 percent into so-called alternative investments that didn’t correlate to stock returns, including commodities, private equity or even artwork.
INVEST: Financial Advisors Increasingly Address Interests and Situations of Women Clients
Fewer than half of the women in a recent Morgan Stanley survey said they worked with a financial advisor, and most of those who did reported their advisor misunderstood or neglected them.
WORKFORCE: Nonprofit Matches Job Skills to the Needs of Local Companies
When Anthony J. DeSalis began working for The Arc of San Diego, he had no idea that he would be there 32 years later, helping people with developmental disabilities achieve economic independence.
ECONOMY: More Units, Deployments Influence Availability of Rentals
The region’s apartment vacancy rate now stands at 4.1 percent, up slightly from the spring and fall of 2014, according to newly issued results of a spring survey by the San Diego County Apartment Association.
FINANCE: Industry Veteran Will Oversee Business Lending
The San Diego County Credit Union has named Michael Corpuz its senior vice president of business lending.
ECONOMY: New Program Part of Japan and S.D.’s Shared Interests, Ambitions
The University of California, San Diego is launching a new program to promote the sharing of ideas, talent and venture capital between Japan and San Diego.