Matt is a finance reporter covering venture capital and private equity.
Studio Lions Gate may be star attraction on list of L.A.’s most profitable public companies, but real estate brokerages making all the right moves.
While movie studios continue to produce, real estate brokerages are the real stars of the Business Journal’s list of most profitable public companies.
BANKING: Analyst says his money was on merger despite activists’ concern.
Regulators endorse OneWest-CIT merger as activist opposition seemed to have little impact.
Months after rumors of the deal first surfaced, private equity and debt giant Ares Management announced Thursday that it has agreed to acquire fellow Century City finance firm Kayne Anderson Capital Advisors for $2.6 billion, mostly in stock.
Downtown Los Angeles’ City National Corp., the parent company of City National Bank, reported strong second-quarter earnings Thursday that included the bank’s highest-ever net income.
New York finance giant Citigroup Inc. announced Wednesday it will shut down its Los Angeles subsidiary Banamex USA after agreeing to a $140 million settlement with federal and California regulators over the bank’s failure to adequately monitor possible money laundering.
Hollywood marijuana industry finance firm Kind Financial announced Tuesday that it has teamed up with former bank regulators to introduce software that the firm promises will allow cannabis businesses to remain compliant with bank regulations.
Just shy of a year after the deal was first announced, federal banking regulators have signed off on New Jersey lender CIT Group Inc.’s purchase of Pasadena’s OneWest Bank.
Downtown L.A.’s Preferred Bank, which focuses on lending to Chinese-American businesses, announced Monday that it has signed an agreement to acquire United International Bank in Flushing, N.Y.
INVESTMENT: Analysts see exchange’s drop resulting in more money sent here.
Analysts see China’s market crash possibly spurring investors there to stock up on L.A. assets.
DINING: Ricebar co-owners serve fast-casual lunches to local business crowd.
When chef Charles Olalia came back to Los Angeles after getting married in his native Philippines, he decided to start cooking more dishes that reminded him of home.