Matt is a finance reporter covering venture capital and private equity.
Pasadena’s East West Bank became the first Los Angeles bank with a branch in the Chinese city of Shenzhen, as it opened its newest storefront in the coastal boomtown on Tuesday during a ceremony attended by Los Angeles Mayor Eric Garcetti.
INVESTMENT: B. Riley’s shares climb on strong earnings after merger.
B. Riley sees positive returns on Wall Street from the broker’s liquidation business.
TRAINING: Bill Clinton speaks on financial literacy for Banc of California.
If you want to explain economic concepts to everyday Californians, you could do a lot worse than enlisting Bill Clinton.
American Apparel announced a substantial quarterly loss on Monday, but a large part of that was due to one-time charges relating to an internal investigation of former chief executive Dov Charney.
Santa Monica car sales portal TrueCar Inc. announced in a Monday SEC filing that it plans to sell 6.4 million shares in a secondary offering.
Robert Zuckerman is chief executive of Woodland Hills real estate development firm Continental Communities Group. His father, Edward Zuckerman, bought 150 acres of coastal real estate on the Palos Verdes Peninsula in the 1950s.
INVESTMENT: Pritzker execs relocate to pursue business in blossoming market.
Chicago’s Pritzker Group Private Capital bets on L.A. market with beefed-up outpost.
Backers, operators sue over DOA insurance fund
Investors sue operators of life settlement fund, alleging they were dead wrong on policy payouts.
A surfer for 14 years, MomentFeed Chief Executive Robert Blatt, 54, woke up before dawn about a month and a half ago to hit the waves at Topanga State Beach.
LENDING: Chinese-American sector bucks consolidation trend.
Chinese-American banks prefer to fly solo as consolidation gains ground among other institutions.