James Cutchin

Green Dot Earnings Top Estimates, Revenues Fall Short

Pasadena-based Green Dot Corp. reported fourth-quarter earnings of $1.7 million, beating analyst estimates, even as earnings for the period dropped 75% year over year.

Trinity Sells to Citizens Financial

Firm specializes in restaurant industry deals

Trinity Capital, a Brentwood-based boutique investment bank, will be acquired by Rhode Island-based Citizens Financial Group Inc.

Oaktree Capital Blazes a Trail in China

Investment management company establishes distressed debt unit

Oaktree Capital Management has become the first foreign distressed debt company to set up a wholly owned unit in China under the Phase I U.S.-China trade deal.

Brentwood Associates Acquires Parchment Inc.

PE firm buys academic company Parchment

Sawtelle-based private equity firm Brentwood Associates has completed its acquisition of digital academic credentials company Parchment Inc.

Union Bank Names New President

Seibly asked to challenge global banks in region

Union Bank, the West Coast retail and commercial banking arm of MUFG Union Bank, has appointed Greg Seibly as president and head of regional banking.

Helping Banks Up Their Game

InvestCloud’s tech tools reach younger consumers

Many millennials are simultaneously bored and intimidated by finance. InvestCloud Inc. co-founder Yaela Shamberg is working to change that by building financial software that younger consumers actually want to use.