LA FINANCERecent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...
Jonas Peterson, chief executive of the Santa Clarita Valley Economic Development Corp., has resigned.
The Los Angeles Business Journal’s index of largest local public companies closed down for the week.
Oaktree Capital Group LLC has priced its secondary offering of 7 million shares at $53.50 a share, the company said Thursday.
State Insurance Commissioner Dave Jones and the Automobile Club of Southern California on Wednesday announced a roughly 4 percent reduction in auto insurance rates for policies that are written or renewed after July 1.
Shares of TCP Capital Corp. fell more than 3 percent on Tuesday after the business investment and development company priced a $70.3 million stock offering below the previous day’s closing price.
OP-ED: L.A.’s lack of affordable housing hinders businesses in drawing from skilled pool of employees.
Raphael Bostic, Robin Hughes and Tony Salazar urge L.A. businesses to home in on affordable housing for workers.
Los Angeles County’s economic recovery notched a milestone in April when the unemployment rate fell to 9.9 percent, the first time it was below 10 percent since December 2008, according to state figures released Friday.
The Los Angeles Business Journal’s index of largest local public companies continued to gain this week, in line with the larger markets.
Century City’s PacWest Bancorp has received final approval from federal regulators for its $231 million stock acquisition of Westlake Village’s First California Financial Group Inc.
Ernst & Young LLP has announced the Los Angeles area finalists for its Entrepreneur of the Year award.
Tryperion Partners LLC, a West L.A. real estate investment and advisory firm announced Monday that it had closed its first $50 million fund.
TELEVISION: ‘MoneyTV’ takes fee to let executives talk up companies’ stocks.
“MoneyTV” wants to help tune up small cap company stocks by getting investors tuned in.
The Los Angeles Business Journal’s index of largest local public companies rose strongly for the week in line with the larger markets.
Residential mortgage company PennyMac Financial Services Inc. raised $200 million in an initial public offering that began trading on Thursday.