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