In this report, we'll explore different issues affecting our local businesses and monitor our constantly changing business environment. We'll also take a look at our local economy, stock market issues and various financial undertakings.

  • Wells Fargo posts 5% rise in first-quarter earnings

    SAN FRANCISCO (AP) -- Wells Fargo & Co. (NYSE: WFC), the nation's fifth-largest bank, said Tuesday that first-quarter earnings grew 5 percent from a year ago due to strong performance in the company's regional banking, consumer finance and large corporate banking segments.

  • Supreme Court declines to loosen standard for proving securities fraud

    WASHINGTON -- Investors who bring corporate fraud lawsuits must show a link between the alleged illegal activity and a drop in stock prices, the Supreme Court ruled Tuesday in a victory for business groups and the Bush administration.

  • Community lending department serves the region's small business needs

    San Diego is home to companies of all sizes, ranging from the neighborhood pizza parlor to Fortune 500 businesses such as Qualcomm (Nasdaq: QCOM). It is the companies that fall in the small business category, however, that make up the majority of companies in our region.

  • Intellectual property as collateral: What's being left on the table?

    Whether you are a lender providing financing to a "tech" or "bricks-and-mortar" company, you need to consider whether to take a security interest in the borrower's intellectual property (IP) to secure repayment. The term IP is used in the broadest possible sense, to include patents, trademarks, copyrights and related works, and applications.

  • Protect yourself from identity theft

    Every time you write a check, use your credit card or pay bills, you're taking a risk -- a risk that could mean the loss of your identity. Identity theft is quickly becoming one of the most prevalent, and disturbing crimes. Fortunately, you can protect your personal information -- and you do have recourse if your identity is stolen.

  • Market research, analysis helps banks and credit unions hit their target

    Competing successfully in today's financial services industry can be challenging for banks and credit unions. The globalization of financial markets, increasing market penetration in the face of high customer churn, and the need to offer new products and services as a way of attracting and retaining customers often require an extra edge that can launch them into long-term profitability. Oftentimes, that edge can result from efficient and effective marketing.

  • How to make your tax dollars work for retirement

    April 15 has come and gone. You spent the better part of the days prior to the looming tax deadline dreaming about what to buy with your tax refund. But most of us were procrastinators and waited until the 11th hour to organize our taxes and think about the best ways to maximize our tax dollars.

  • Bridging the information gap: How bankers can help Hispanics realize the American dream of homeownership

    Most bankers know that the Hispanic population in the United States is growing rapidly and that, like many other Americans, those in the Hispanic community dream of homeownership.

  • H&R Block reports continued high revenues for tax prep

    KANSAS CITY, Mo. (AP) -- H&R Block Inc. (NYSE: HRB), the nation's largest tax preparer, reported Monday that it helped fewer customer than last year during the first three months of the tax season.

  • Bankers keep post-IPO partying to a minimum

    WASHINGTON -- Even though the market for initial public offerings has improved since its nadir in 2003, investment banks certainly aren't partying like it's 1999.

  • Mortgage applications increase for the 2nd time in 3 weeks

    WASHINGTON -- U.S. mortgage applications increased for the second time in three weeks, reflecting the biggest rise in home purchases since January, an industry report showed today.

  • 1st Pacific Bank of California reports doubling earnings in 1Q 2005

    1st Pacific Bank of California (OTCBB: FPBS) reported Wednesday an increase in net income to $422,171, or 20 cents per diluted share, for the quarter ended March 31, compared to $185,553, or 10 cents per diluted share, for the same quarter 2004.

  • Venture capitalists enjoy best year since dot-com bust

    SAN FRANCISCO -- Venture capitalists ended 2004 on their most profitable run since the dot-com bust, continuing a gradual recovery that has coincided with the stock market's renewed interest in young companies.

  • New mortgages entice borrowers by keeping initial payments low

    The pitches of mortgage lenders have started to sound more like those of car-loan companies: It's all about keeping the monthly payments down.

  • Home foreclosure listings surged in March, study shows

    NEW YORK -- In what could be a crack in the housing market's sturdy foundation, the number of foreclosed homes put up for sale rose 50 percent between February and March, according to a new study.

National News

Archived Reports

Banking & Finance Quarterly - Summer 2015

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

Banking & Finance Quarterly - Spring 2015

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

Banking & Finance Quarterly - 2015

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

Banking & Finance Quarterly - Fall 2014

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

Banking & Finance Quarterly - Summer 2014

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

Banking & Finance Quarterly - Spring 2014

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

Banking & Finance Quarterly - Winter 2014

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

Banking & Finance Quarterly - October 2013

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

Banking & Finance Quarterly - Summer 2013

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

Banking & Finance Quarterly - April 2013

This quarterly edition of Banking & Finance focuses on the latest in taxes and investments, as well as the financial impact of sequestration.