San Diego Business Journal

SD FINANCE

Recent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...
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Interest Rates Will Increase; Global Trade Remains Weak

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.

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Data Liability Emerges as Growing Concern for Many Firms

Trindl Reeves is principal/chief sales officer for Barney & Barney LLC.

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Expect Rents to Increase, Additional Foreign Investments

Q&A: Tom van Betten, DTZ, formerly Cassidy Turley

Tom van Betten is managing director/Tenant Representation for DTZ, formerly Cassidy Turley.

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Regardless of Industry, Talent Will Be in Higher Demand

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.

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Demand Increasing for Professional Services

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.

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Technology Boosts Access, Improves Delivery for Health Care

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.

Life Sciences Are Taking Lion’s Share of Venture Capital

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.

S.D. Region Draws a Talent Pool Deep With Millennials

WORKFORCE: Educated Workers Attract Industries

Tens of thousands of well-educated millennials flocked to the San Diego metropolitan area over the last decade, a migration local experts say significantly boosts the local talent pool and the region’s competitiveness.

High-Tech, Health Care Fuel Local Job Growth

economy: Some Sectors Stronger Than Others

Now in its sixth year, the economic recovery in San Diego appears to be picking up steam — finally. But as everyone knows, this recovery has been one of the slowest in history, and not all are enjoying the gains.

Turtle Beach Corp. to Save $400,000 Annually With Loan Amendment

Turtle Beach Corp., a San Diego designer and marketer of audio products such as headsets used with video games, said it entered into an amendment of its loan agreement with the Bank of America that will result in the company saving about $400,000 annually.

AltheaDx Planning Potential $69 Million IPO

San Diego-based AltheaDx Inc., which uses diagnostic tests and bioinformatics to help doctors identify the personalized drugs based on a patient’s genetic make-up, plans to raise as much as $69 million in an initial public offering.

San Diego Private Bank Announces Completion of Acquisition

San Diego Private Bank announced Dec. 26 that it completed the acquisition of approximately $50 million in loans and the assumption of $8 million in deposits from First Security Business Bank. The deal was announced in October.

BofI Federal Bank Enters Into Purchase Agreement

BofI Federal Bank, San Diego’s second-largest commercial bank, said it entered into a purchase agreement with Union Federal Savings Bank, based in Rhode Island, and its parent company, First Marblehead Corp., for about $125 million of deposits.

Ben Alvarado Named Regional President of Wells Fargo's SoCal Region

Wells Fargo & Co. said it named Ben Alvarado as regional president of the bank’s Southern California region, serving customers in San Diego, Orange and Imperial counties.

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'Celebrity' Endorsement Boosts Isis Stock Price

Shares of Isis Pharmaceuticals Inc. soared to a record high the morning of December 19 following an endorsement by financial personality and former hedge fund manager Jim Cramer.