San Diego Source > Banking & Finance Quarterly

The Banking & Finance Quarterly report takes an in-depth look at the local economy, market conditions, financial institutions and more.

AT&T beats profit estimates as phone discounts diminish

AT&T Inc. is getting a profit boost thanks to an industrywide shift, led by smaller rival T-Mobile US Inc., away from selling phones below cost.
Netflix to raise prices as earnings jump sends shares higher

Watching “House of Cards” on Netflix is about to get more expensive, and investors are cheering.
Mid-cap stocks are getting some love, finally

NEW YORK — Maybe the middle child really should be the favorite.
Where regular investors can find bargains in today’s record-high market

We asked two local financial advisers where the regular investor fits in this market experiencing record highs, and where they can look to find investment bargains today.
Breakfast costs increase as coffee, OJ surge

The cost of breakfast beverages are poised to increase as coffee futures surge after a Brazilian drought damaged crops, while orange-juice prices climb with Florida’s output heading for a 29-year low.
Fed task: balance inflation, economic growth

One of the most difficult — and important — tasks facing the Federal Reserve in the months ahead is developing a strategy to grow the economy without lighting the flames of inflation.
Local bank activity shows lending slowdown may be over

With the economy continuing to improve, banks and credit unions throughout San Diego County revved up their lending last year, lending a total of $31.7 billion, or $1.9 billion more than the year before, based on data collected from the Federal Deposit Insurance Corp. and the National Credit Union Administration.
FHA loan limits reduced by more than $150k in SD

The Federal Housing Administration reduced its maximum loan limits in San Diego County as of Jan. 1 – a change that was expected and had been delayed, and could eliminate a percentage of loans previously insured in this area, according to the president of the Greater San Diego Association of Realtors.
Strong global IPO market detailed in Ernst & Young report

The global IPO market is off to "a very good start" this year, according to a recent Ernst & Young report. The first quarter of 2014 has been the best-performing first quarter since 2011 for both number of IPOs and capital raised.
Experian probed for security breach

A security breach involving a unit of credit-reporting company Experian Plc that allowed criminals access to Social Security numbers and other personal data of more than 200 million people is being investigated, said Massachusetts Attorney General Martha Coakley.
High-frequency traders to be subpoenaed in New York inquiry

New York Attorney General Eric Schneiderman sent subpoenas to six high-frequency trading firms seeking information about special arrangements they have with exchanges and dark pools as well as their trading strategies, according to a person familiar with the matter.

Millennial finance expert relates to young clients

Editor’s note: This story previously appeared in the 2014 edition of Young Influentials.
Wells Fargo's new commercial real estate manager

When she’s not reeling in clients, Kelly Souza, senior vice president and manager of the Wells Fargo Commercial Real Estate office in San Diego, is reeling in fish. The avid commercial deep-sea fisher loves a challenge and an ever-changing environment, which makes both her professional and personal endeavors a great fit.