Los Angeles Business Journal

James Rufus Koren is a Managing Editor.

Before his assignment as Managing Editor, he served as the paper's finance reporter covering the banking industry. Prior to joining the Business Journal, he covered state and local politics for several daily newspapers in Southern California. He is a graduate of the University of Southern California. He can be reached at 323-549-5225, ext. 225, or by email: jrkoren@labusinessjournal.com.

Recent Stories

Tuesday Rundown: Bank Deal Closes, Port Fees Going Up

Irvine lender Plaza Bank has closed its acquisition of Manhattan Bancorp, the El Segundo parent of Bank of Manhattan.

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Surprise Knock From Rent Control

REAL ESTATE: Buyer of CIM property jolted by designation.

The buyer of a Hollywood apartment just built by CIM Group was surprised to learn it was rent controlled.

Briefs: UCLA Study Rates L.A. a C+, Lions Gate’s Largest Shareholder Sells

UCLA Environmental Study Gives L.A. County a C+ Los Angeles County has work to do when it comes to the environment, according to a UCLA study released on Tuesday that rates the county’s environmental performance as a C+.

Diversified Investor Puts Money Into Ailing Bank

LENDING: Alex Meruelo to take control of NCAL despite scrutiny over payday loans.

Alex Meruelo further diversifies eclectic portfolio with deal for controlling stake in NCAL Bancorp.

Chicago Lender Monroe Drops Suit Against L.A. Exec

Chicago lender Monroe Capital has dropped a lawsuit it filed this summer against Los Angeles dealmaker Warren Woo and his new investment firm, Breakaway Capital.

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Good Deal?

Casinos split over wisdom of no-collection games

Some casinos see the big draw of no-collection card games as a big risk for their business.

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Different Cloth

Olivier de Givenchy saw finance career as better fit than family’s fashion, design pursuits.

Banker Olivier de Givenchy has made a name for himself outside of the fashion and beauty sectors his family is famous for.

LAX on Pace for Record Year

Los Angeles International Airport remains on pace for a record year after a strong September, according to passenger traffic figures released Friday.

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Take and Give

Lenders compete to help business owners tap dividend recapitalizations for hefty payouts while loading their companies with debt. Once limited, the practice nears record pace.

Bankers take dividend recapitalizations mainstream, letting business owners load up on money while loading their companies with debt.

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Name-Dropping Worked for Bank

finance: New handle offered Cappello new life in court fight.

Investment bank Cappello Capital has gone back to work under a new name after a firm-scuttling lawsuit.

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