This special quarterly report takes a closer look at San Diego's banks and credit unions, while the experts discuss their investment picks.

  • Expert Insights: Investing picks

    Aubrey Morrow, a certified financial planner, is president of Financial Designs Ltd. and host of The Financial Advisors radio series on AM 600 KOGO Saturday mornings.

  • Cooperative competition helps credit unions survive pressures of current economy

    Survival of the fittest might be the motto of most lending institutions these days, but not so much for some of the major credit unions in San Diego.

  • Steico Industries Uses SBA-504 Loan to Grow

    Somebody forgot to tell Steico Industries the economy is in the throes of a recession.

  • Venture financing terms tougher during current recession

    After the dot-com bubble burst in 2000, venture-backed companies experienced a wave of "down round financings" -- financings at valuations below (and sometimes substantially below) the last round of money they had raised. Spurred by the credit crisis of 2008 and 2009, the "down round" is back, and the terms on which venture capital investors are willing to invest have gotten tougher.

  • Chrysler to match 'cash for clunkers' incentive

    AUBURN HILLS, Mich. (AP) -- Chrysler Group LLC said Wednesday it is offering $4,500 in cash toward the purchase of a new vehicle as it seeks to match a government incentive for people to trade in their old gas guzzlers.

  • Goldman buys back TARP warrants for $1.1 billion

    NEW YORK (AP) -- Goldman Sachs Group Inc. (NYSE: GS) said Wednesday it has repurchased warrants given to the U.S. Treasury under the Troubled Asset Relief Program for $1.1 billion.

  • Bernanke back on Capitol Hill -- and hot seat

    WASHINGTON -- Federal Reserve Chairman Ben Bernanke ran into more tough questions Wednesday on Capitol Hill about the central bank's extraordinary actions to rescue the economy and its ability to take on even more responsibility.

  • Regulators urge derivatives changes

    WASHINGTON -- Two key federal regulators on Wednesday urged Congress to impose broad new rules on the financial instruments blamed for hastening the global crisis while Republican lawmakers chafed at constraints they said could hurt U.S. firms' competitiveness.

  • CalPERS assets fall 23.4 percent in value for 2009

    The California Public Employees' Retirement System said Tuesday the market value of its assets plunged 23.4 percent for the year ended June 30, marking the most severe annual decline the nation's largest public pension fund has ever reported.

  • California deficit deal likely just a temporary fix

    SACRAMENTO, Calif. -- California's deal to close its $26 billion budget gap may end up doing what Gov. Arnold Schwarzenegger had hoped to avoid: kicking the state's problems down the road.

  • New loan provisions create winning recipe for artisan bakery

    From baguettes and buns to boules and batards, Sadie Rose Baking Co. is known for its all-natural artisan breads served at top Southern California restaurants, hotels and specialty markets.

  • Benefits of relationship banking

    There is no doubt these are challenging economic times and, as a result, many business owners are examining the relationship they have with their financial institutions. A financial institution plays an important role in supporting the day-to-day operations of the businesses that they bank. A business bank demonstrates its commitment to customer relationships by understanding and meeting customer needs, even during times of uncertainty.

  • Expert Insights: Investing picks

    Speidell is founding partner and chief investment officer of Frontier Market Asset Management LLC, an independent investment management firm focusing on equity investments in frontier markets such as Botswana, Ghana, Kenya, Cote d'Ivoire, Qatar, Bangladesh and Kazakhstan.

  • Trouble in financial industry spreads to credit unions

    The financial crisis continues to buffet the credit union industry, with more and more quarterly losses starting to pile up, according to first-quarter data.

  • Markets may be seeing beginnings of recovery

    They say that investing in stocks is like predicting the weather. Everybody has an opinion but nobody really knows for sure what is going to happen. And, like the weather, conditions on Wall Street are constantly changing.

  • Most local banks saw improvement in first quarter

    The first quarter wasn't fantastic for the banking industry, but relatively speaking, the situation has improved. The industry saw the highest earnings in the last four quarters, pulling in a collective $7.6 billion, according to the Federal Deposit Insurance Corp.

  • 100 Days After the Recovery Act

    It’s been a little more than 100 days since the President signed the American Recovery and Reinvestment Act (Recovery Act). In that time the U.S. Small Business Administration (SBA) has implemented new programs to get credit flowing again and has several more on the way that will help small businesses weather this economic storm, and ultimately continue to grow and create jobs.

Banking & Finance Quarterly

Profiles

National News

  • Chrysler to match 'cash for clunkers' incentive

    AUBURN HILLS, Mich. (AP) -- Chrysler Group LLC said Wednesday it is offering $4,500 in cash toward the purchase of a new vehicle as it seeks to match a government incentive for people to trade in their old gas guzzlers.

  • Goldman buys back TARP warrants for $1.1 billion

    NEW YORK (AP) -- Goldman Sachs Group Inc. (NYSE: GS) said Wednesday it has repurchased warrants given to the U.S. Treasury under the Troubled Asset Relief Program for $1.1 billion.

  • Bernanke back on Capitol Hill -- and hot seat

    WASHINGTON -- Federal Reserve Chairman Ben Bernanke ran into more tough questions Wednesday on Capitol Hill about the central bank's extraordinary actions to rescue the economy and its ability to take on even more responsibility.

  • Regulators urge derivatives changes

    WASHINGTON -- Two key federal regulators on Wednesday urged Congress to impose broad new rules on the financial instruments blamed for hastening the global crisis while Republican lawmakers chafed at constraints they said could hurt U.S. firms' competitiveness.

  • CalPERS assets fall 23.4 percent in value for 2009

    The California Public Employees' Retirement System said Tuesday the market value of its assets plunged 23.4 percent for the year ended June 30, marking the most severe annual decline the nation's largest public pension fund has ever reported.

Containing Report

Banking & Finance

Banking & Finance is a one-stop shop for The Daily Transcript's news on the local economy, market conditions, capital and funding issues, and investment concerns.

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Archived Reports

Banking & Finance

Banking & Finance is a one-stop shop for The Daily Transcript's news on the local economy, market conditions, capital and funding issues, and investment concerns.