San Diego Business Journal

SD FINANCE

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

XIFIN Names James C. Malone Its New CFO

XIFIN Inc., a San Diego-based software and services company dedicated to optimizing the economics of health care, has named James C. Malone as its new chief financial officer.

BofI Holding Announces $50 Million At-the-Market Common Stock Offering

San Diego-based BofI Holding Inc., parent company of BofI Federal Bank, announced the completion of its $50 million at-the-market common stock offering commenced in July 2014 and the initiation of a new $50 million at-the-market common stock offering through the filing of a prospectus supplement with the SEC under BOFI's effective shelf registration statement filed on Feb. 19.

Executive Q&A: Tory Nixon of California Bank & Trust

Tory Nixon is executive vice president of California Bank & Trust and heads the San Diego and Northern California divisions of the bank.

Banking on Confidence

Improving Economy Prompts Companies to Expand, Build or Buy

San Diego County banks are eagerly looking for borrowers in what’s become a highly competitive market.

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Give the Change Makes it Easy to Be a Philanthropist

TRANSACTIONS: Debit Card Allows Consumers to Donate Change to Charity

The goal of Give the Change, a San Diego cause-based company, is to make charitable giving simple and convenient through the use of debit cards.

Cupio: Saving Endangered Rainforests One Square Meter at a Time

GREEN: Program Develops Bonds Between Consumers, Businesses

Solana Beach-based Cupio enables consumers to buy products that fund the preservation of endangered rainforest and then go online to locate the land they’ve helped to preserve.

Accretive of San Diego: Corporate Savings Go to Nonprofits

FINANCE: Corporations Cut Expenses, Share Money with Charities

Working in partnership with nonprofit organizations, Accretive of San Diego helps corporations find ways to save money and channel a portion of the savings to charitable causes.

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Grant Will Fortify Food Pantry’s Efforts to Fight Hunger

Kudos/Giving Column

The Hand Up Youth Food Pantry at Jewish Family Service of San Diego was awarded a $75,000 grant from the S. Mark Taper Foundation.

Businesses Partner With a Cause

GIVING: Firms’ Actions Create Customer Loyalty

Some San Diego companies are finding success by creating business models that are built around charitable giving.

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Report: Craft Beer Generates $600 Million for Region’s Economy

San Diego County’s craft beer breweries and brewpubs generated $600 million in regional economic impact during 2014, a doubling since 2011, according to the latest updated report by National University System Institute for Policy Research.

Fresh Healthy Vending Awarded Contract With Largest Minnesota School District

San Diego-based Fresh Healthy Vending International Inc., a vending franchisor focusing on healthful foods, has been awarded a 1.5 year contract to place snack and beverage choices in Minnesota’s largest school district.

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Investment Firm Plots Safe Course for High Wealth Investors

FINANCE: Firm Has Own Research Team ‘Rate’ Bonds

Within weeks of breaking away from Morgan Stanley and starting his own bond management firm in 2008, Bill Gurtin said the municipal bond market froze up, the result of the housing bubble bursting and bond insurance companies collapsing under the weight of countless mortgage defaults.

S.D. Tech Coast Angels Sets Investing Record

FINANCE: Chapter’s $8.3M Accounted for Half Network’s Total

San Diego Tech Coast Angels, the largest chapter of Tech Coast Angels, the second-biggest angel investing organization in the United States, announced that its 2014 investments reached an all-time record.

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Qualcomm Stock Gets Boost Following Resolution of Antitrust Dispute With China

Financial markets responded positively to news that Qualcomm had settled its antitrust dispute with China, sending shares 4.7 percent higher Feb. 10, the first trading day after the pact became public.

TGG Names Ruff CEO; Garrett to Take Executive Chairman Role

San Diego-based TGG, a provider of outsourced accounting and business advisory services, announced that Andrew Ruff has been appointed as chief executive officer effective immediately. Matt Garrett, former CEO, is now executive chairman of the company.