San Diego Business Journal


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

Grandpoint, Regents Bank Receive 5-Star Rating

Grandpoint Bank and its three divisions, including La Jolla-based Regents Bank, received a 5-star rating for strength, stability and soundness from independent rating and research firm BauerFinancial based on financial data filed Sept. 30.

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San Diego Venture Group Announces PitchFest Winners

Two San Diego startups won the final round of San Diego Venture Group’s PitchFest competition: technology upstart Lymber and biotech Sun Genomics.

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S.D. Venture Group Opens Satellite Office for Local Startups in Silicon Valley

San Diego Venture Group has really upped its game this year, rolling out yet another program to siphon Silicon Valley goods for San Diego companies.

Lyft Study Says Ride-Sharing Co. Boosted S.D. Econonmy by $48.5 Million

The ride-hailing company Lyft said it will have given the San Diego economy a $48.5 million boost by the end of 2016, according to a study the company commissioned.

Ex-Google Ventures Boss Drops Plans for $230M Life Sciences Fund

Bill Maris, the founder and former head of GV, formerly Google Ventures, won't be launching a $230 million venture capital fund focused on health care in San Diego after all.

UC San Diego Plans New Educational, Cultural Center in East Village

The University of California San Diego has announced plans for a new cultural and education center in downtown San Diego, as part of a mixed-use project in East Village proposed by developer Holland Partner Group.

Rose, Fiesta, Peach, Orange... Add Up to $1.5 Billion

A new study by San Diego State and George Washington universities estimates the economic impact of the nation’s 41 post-season college bowl games at $1.5 billion per year, with benefits of individual events varying according to the timing of the competitions and prominence of the teams involved.

SDCCU's Assets Up 9% for Q3

San Diego County Credit Union, the largest locally-owned financial institution in the county, said it had assets of $7.7 billion at the end of the third quarter were up 9 percent from the previous year.

National Funding to Give Military, First Responders a Holiday Bowl Experience

San Diego-based alternative lender National Funding will give 8,000 tickets to the Holiday Bowl to first responders, such as police officers and firefighters, and military personnel, the company said.

Efficient Market Advisors LLC Hits $1B Milestone

San Diego-based firm Efficient Market Advisors LLC said it now directly or indirectly invests more than $1 billion on behalf of investor clients and their financial advisors through its investment portfolios of exchange traded funds.

S.D. Survey Finds IT Execs See Staff Expansion in First Half of 2017

Fifteen percent of San Diego-area technology executives surveyed recently expect to expand their IT teams in the first half of 2017, according to the latest report from Robert Half Technology, a technology recruitment firm that tracks IT hiring activity in the U.S.

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Operation Gratitude Delivers Bags of Candy, Loads of Thanks

Gentle Dental, a dental provider with 11 locations in San Diego County, participated in the 2016 Halloween candy give-back program with Operation Gratitude.

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Great Mentoring and Greater Diversity Are Partnership’s Goals

MyStartupXX, one of the few local startup accelerators for women entrepreneurs, is partnering with Athena San Diego to match successful female mentors with budding founders.

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Grant Will Spur Adoption Of Water-Saving Innovations

Two local startups that make water-saving technology will benefit from a grant recently awarded to Cleantech San Diego, which will ultimately get the startups’ products into buildings and homes.

New Fed Framework May Benefit Fintechs

FINANCE: Rule Averts State-by-State Licensing

Ask finance folks what’s keeping them up at night and they’ll tell you keeping up with stringent post-recession government regulations.