Los Angeles Business Journal

LABJ WEEKLY EDITION

Who’s Who in Banking & Finance: Investing Time in Community

I am the regional president and head of commercial banking for U.S. Bank in Southern California, based in Los Angeles.

Who’s Who in Banking & Finance: Contending With Competitive Market

Commercial banking for the western markets, which include California, Oregon and Washington state.

Who’s Who in Banking & Finance: Valuing Diverse Business Community

I lead a team of more than 5,000 community bank team members in the greater Los Angeles region, which includes Los Angeles, Riverside and San Bernardino counties, and the Coachella Valley.

Who’s Who in Banking & Finance: Scaling Range Of Business Sizes

I directly oversee the middle-market team throughout greater Los Angeles, Orange and San Diego counties.

Who’s Who in Banking & Finance: Capitalizing On L.A.-Centric Sectors

We have every line of business here in Los Angeles. From small-business banking, commercial banking and investment banking to consumer, mortgage and wealth management.

Who’s Who in Banking & Finance: Serving Middle Market

I am the head of our middle-market commercial banking business serving the greater Los Angeles market, which includes Los Angeles, Ventura, Santa Barbara, San Luis Obispo and Kern counties.

Who’s Who in Banking & Finance: Getting Early Jump On Workday

Citi Private Bank is a unit of Citigroup which works with ultra-high-net-worth clients. My region covers the western United States from Seattle to Southern California and east to Arizona.

Who’s Who in Banking & Finance: At Home With Region’s Appeal

I lead the syndication division of Bank of the West’s commercial banking group, raising capital by coordinating syndicated deals to help fuel growing businesses in Los Angeles and across the United States.

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Hackman Drums Up Buyer for Beats HQ Site

Sale: Blue-chip tenant helps net $90 million deal for Hayden Tract buildings.

Hackman Capital Partners, a West L.A. real estate investment and development firm that wagered on creative office space in Culver City nearly a decade ago, has seen its bet pay off.

Will School Board Ever Learn?

Charles Crumpley wonders why the L.A. school board, which could use management help, keeps telling businesses how to operate.

Clocking In

Businesses and the Teamsters continue to wrangle over the classification of contract and full-time workers down at the ports, So the Business Journal asks:

If you were able, would you hire contract workers instead of full-timers?

Taxing Concerns

Charles Crumpley says that putting levies on services can be a taxing matter.

License to Thrive?

Retailer Kitson has clashed with the operator of two branded airport shops over what the boutique chain claims is a name-damaging performance. So the Business Journal asks:

Would you license your name for greater exposure of your business if it meant giving up quality control?

Retiring Megapensions

Placing $100,000 limit on payouts will help California governments rein in benefits rising exponentially.

Lanny Ebenstein warns California will pay if public employees’ pensions aren’t capped at $100,000 a year.

Tourism Would Welcome Development Connection

Robert Newsom calls on developers to help build Los Angeles into a top destination city

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L.A. Scrambles to Defend Air Base

POLITICS: Lawmakers, business leaders fear facility in cross hairs.

Elected officials and business leaders link arms to guard Los Angeles Air Force Base from closure.

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Port Truckers Turn to Courts

Truckers turn to worker lawsuits to drive unionization efforts at port companies.

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Gear Shift

Why TrueCar’s Scott Painter traded in 20% of his staff

TrueCar’s Scott Painter said a hefty staff shuffle has revved up the vehicle-shopping website.

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DWP Powers Up Solar Company

ENERGY: PermaCity’s business heats up with multibuilding deal.

Solar panel installer PermaCity raises the roof with multibuilding Department of Water & Power contract.

Designer’s Plans Guided By Stars

Christopher Guy holds show-biz parties to draw celeb customers.

Furniture designer Christopher Guy hopes to host celebs at his store parties to help get his star on the rise.

Old Maker of Food Learned New Trick

Marco Giannini’s move into retail unleashed growing pet chain.

Former food maker Marco Giannini has found a new leash on life with his retail chain.

Pro Athletes Add Up for Accountant

Steve Piascik fields Beverly Hills office to cover roster of clients.

Steve Piascik looks to score points with his pro athlete clients thanks to his new office in Beverly Hills.

Exec Makes Waves During Meetings

Alex Boylan, season-two co-winner of CBS’ “The Amazing Race,” likes to take his work to the water.

Regional Report

News and notes from communities across Los Angeles County

Wealth Management: B. Riley Financial Inc., a West L.A. brokerage and investment bank, has acquired MK Capital Advisors, a New York financial advisory firm that caters to ultra-high-net-worth clients.

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Medical Benefits

DESIGN: Karten expanded focus on health care devices to meet demand for more functional, elegant equipment.

Karten has seen a healthy boost in business by focusing on industrial devices for the medical industry.

Service Shift Leaves Debit Card Business at Loss

FINANCE: Move to scrap MoneyPak sends shares of Green Dot tumbling.

Green Dot’s shift away from MoneyPak debit card service leaves investors and prison gang in lurch.