SD FINANCERecent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...
The La Costa 35 Athletic Club, a local nonprofit, hosted its 6th Annual Texas Hold ‘Em Poker Tournament recently to benefit the Boys & Girls Clubs of Carlsbad.
FINANCE: Co. Is Still One of Top Complained About Collectors in Q3
In September 2015, debt buyer and collector Encore Capital Group was hit with $52 million in refunds and penalties by the Consumer Financial Protection Bureau for allegedly using deceptive tactics to collect debts they had failed to properly verify.
FINANCE: Membership Mark Passes One Million; More Than $15.1B Deposited
For the first time, membership in locally headquartered credit unions has passed the one million mark.
San Diego-based Seacoast Commerce Bank earned $6.9 million in net income in 2016, a 19.6 percent increase over the $5.8 million it earned in 2015.
Ryan Mickle, a local startup CEO, has launched a website to help fellow entrepreneurs wade through stacks of referrals.
A startup in San Diego is designing a mobile app that one day may usurp Amazon in the now-niche market of short fiction.
A UCLA economics professor told an audience in downtown San Diego that Donald Trump’s proposed policies on trade and immigration give him “really, really low” chances of delivering on his promise to create 25 million U.S. jobs during the next 10 years.
Grandpoint Bank, of which La Jolla-based Regents Bank is a division, has named Roger M. Laverty as president.
San Diego-based fintech startup SparkFin Inc., a mobile app that organizes stocks into lists, has been acquired by StockTwits Inc., the largest social platform for investors and traders.
San Diegans sure love their cars — especially new ones.
San Diego business services provider Tridea Partners LLC has been acquired by the Norwell, Mass.-based subsidiary of Danish company Columbus IT.
Employees from General Dynamics NASSCO delivered nearly 8,000 diapers to the San Diego Food Bank’s newly created “Diaper Bank.” The Diaper Bank was created in partnership with Assemblywoman Lorena Gonzalez, who recently collected more than 65,000 diapers to assist families in need. Gonzalez was at the Food Bank to assist with the delivery of more than 40 boxes of diapers.
As San Diego’s startup economy gains steam, few people are more vital to the health of the fast-growth business sector than Mike Krenn, president of San Diego Venture Group.
INVESTMENT: Deals And Dollars Were Down Both Locally, Nationally
Venture capitalists made fewer than half the number of deals in San Diego in 2016 than they did in the prior year, according to a MoneyTree report by PricewaterhouseCoopers and CB Insights.
LAW: Cos. on Defense as They Try to Recoup Costs
There should be little doubt, now that the San Diego City Attorney’s Office has stepped in, that a few local restaurants appear to have mishandled the rollout of surcharges meant to boost revenue following the city’s Jan. 1 minimum wage increase.