San Diego Gas & Electric announced it has filed proposals with the California Public Utilities Commission to install tens of thousands of electric charging stations in an effort to contribute to a state-mandated reduction of carbon emissions.
As venture capital funding fell nationally in 2016, so did the investments in San Diego, shrinking from $1.49 billion in 2015 to $1.07 billion. Experts say the fallback is simply a reversion to the mean after a blockbuster 2015.
San Diego-based registered investment advisor Kestra Private Wealth Services LLC announced January 20 the addition of Intrinsic Mutual Advisors and Stone Beacon Capital, two new firms led by former wirehouse advisors with a combined total of $240 million in assets.
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.
Members Increasingly Embrace Technology; Institutions Evaluate What Else to Offer
California Coast Credit Union’s website highlights its “personalized caring attention.”
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.
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.
Laura Farmer Sherman, president and CEO of Susan G. Komen San Diego, plans to retire at the end of 2017, the organization announced Tuesday.