SD FINANCERecent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...
American Medical Response, or AMR, which provides ambulance services in San Diego and across the country, will be acquired under a $2.4 billion cash deal announced Tuesday.August 9, 2017 5:10 p.m. share »
Encore Capital Group, the San Diego-based buyer of defaulted credit card debt, reported net income of about $20.3 million on revenues of $290.9 million in the second quarter of 2017.August 8, 2017 1:29 p.m. share »
San Diego-based restaurant chain Garden Fresh Restaurants Corp., parent of Souplantation and Sweet Tomatoes, has been acquired by Perpetual Capital Partners and CR3 Capital, an investment affiliate of CR3 Partners LLC.August 7, 2017 11:07 a.m. share »
San Diego-based sister companies CUSO Financial Services LP (CFS) and Sorrento Pacific Financial (SPF) have agreed to be acquired by a newly formed New York-based holding company, Atria Wealth Solutions.August 4, 2017 4:33 p.m. share »
The loans disbursed in 2016 by nonprofit San Diego-based microlender Accion helped maintain or generate 730 jobs, the organization said in its recently published annual report.August 4, 2017 10:20 a.m. share »
San Diego Private Bank opened its fifth branch July 31 in Beverly Hills.August 3, 2017 3:59 p.m. share »
Earlier this year, Hughes Marino, a tenant rep brokerage firm based in San Diego, sponsored California Assembly Bill 1059. If enacted, that bill would have outlawed dual agency in all commercial, industrial and retail transactions. Fortunately, serious reservations by several judiciary committee members, both Democrat and Republican, derailed the bill for this year’s session. However, Hughes Marino will likely make a similar attempt in the future, most likely during the 2018 session.August 3, 2017 2:17 p.m. share »