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Recent and archived news stories on: banks, credit unions, mortgage lenders, SBA lenders, stocks/bonds, venture capital, wealth management, investment banks, factors, money managers, economic news and financial sector news

PacWest Bancorp Makes $467 Million Bank Buy

PacWest Bancorp, a Beverly Hills bank holding company, acquired El Dorado Savings Bank in a deal valued at $466.7 million, according to a press release.

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Banking & Finance Charts

Banking and finance by the numbers

Banking & Finance Quarterly

A special report on the banking and finance sector.

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Deals & Dealmakers: EP Wealth Advisors Rolls On

EP Wealth Advisors acquires Caves & Associates’ $190 million assets under management.

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Loans in Line

Tight housing supply appears to keep market stocked with credit-worthy borrowers

Home prices up, delinquencies and foreclosures down, in L.A. County’s housing market.

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Big Foundations Top $40B

The assets of Los Angeles County’s top 50 private charitable foundations and trusts collectively topped $41.1 billion last year, a 4.8 percent boost over the prior year.

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Brokerage Boss Faces Ban

FINANCE: BH firm’s appeal of FINRA ruling pending

Regulatory agencies put NMS Capital Advisors’ chair under the microscope.

Social Impact Principal: Microloan Market Makes Niche for Fintech Co.

Banking & Finance Quarterly

Meet Shivani Siroya, founder of Santa Monica-based fintech-driven microlender Tala. The company has an eye on winning customers among some of the world’s nearly 2 billion people who don’t have access to banking services, a statistic reported by Paris-based think tank Convergences.

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Shamrock Capital Advisors Sells Questex

Westwood-based Shamrock Capital Advisors announced Sept. 12 the sale of its portfolio company, Questex Intermediate Holdings Inc. to New York-based private equity firm MidOcean Partners.

Shamrock Leads $30M Investment in AI-Generated Sports Content

Westwood-based investment firm Shamrock Capital announced Sept. 10 that its led a $30 million investment round on behalf of an Israeli company that provides unmanned cameras for sporting events.

Deals & Dealmakers: WndrCo’s Privacy Play

Katzenberg-led outfit invests $295M into digital security outfit AnchorFree

WndrCo leads $295 million investment into AnchorFree Inc.

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Wells Fargo Building in BH Goes for $193M

Price on 12-story office comes to $930 PSF

Beverly Hills-based real estate investment firm StarPoint Properties has purchased the 12-story, 207,000-square-foot office tower at 443 N. Camden Drive.

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Deals & Dealmakers: L.A. Ties for Compass-Pac. U.

$200 Million purchase comes on heels of major Southland brokerage rollup

An out-of-town real estate brokerage acquisition comes with a side of L.A. intrigue.

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Market Movers

L.A. metro area leads state in growth of women-owned firms over last decade

Women-owned business in the Los Angeles metro area led the state in growth.

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Slight Gains for Big Employers

ECONOMY: Cal State-L. A., UCLA make big additions

L.A. County’s largest public and private employers see modest gains.

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