SFV FINANCE

Recent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...

Preview: Record Year for IPOs

Valley companies take active role in acquisitions and public market openings.

Merger Causes SRAX to Deconsolidate Bigtoken’s Financials

Westlake Village-based fintech company SRAX Inc. announced that it will no longer include the financials of Bigtoken following the survey app’s merger with BritePool.

L.A. County Unemployment Falls in October

Los Angeles County’s unemployment rate fell to 9.4 percent in October.

Cast & Crew Expands With Team Acquisition

Entertainment accounting firm Cast & Crew Entertainment Services Inc. has announced an agreement to acquire Team Cos., a production payroll and management company for the advertising, music and concert tours and live events industries.

Report Examines COVID-19 Impact for Businesses in Ventura and Santa Barbara Counties

The Economic Development Collaborative (EDC) and the Regional Small Business Development Center Networks of California (SBDC) has released a commissioned study that investigated COVID-19’s impact on business in Ventura and Santa Barbara counties.

Valley Economic Alliance Launches 'Valley Main Streets'

The Valley Economic Alliance has received a grant from Wells Fargo & Co., which will support a revitalization project in the San Fernando Valley called 'Valley Main Streets.'

BlackLine Expands Collaboration With Microsoft

BlackLine Inc. is expanding its relationship with Microsoft by bringing enhanced automation and financial operations management to Microsoft Dynamics 365 customers.

Preview: Fastest Growing Private Companies

The entrepreneurial dream is alive in the San Fernando Valley region, judging from the performance by businesses on this year’s Fastest Growing Private Companies list.

SRAX Activates Investor Relations Pages on Sequire Platform

Financial tech company SRAX Inc. announced the release of an investor relations feature on Sequire, the online investor intelligence and communications platform built by the Westlake Village company.

Mission Valley Bank Income Rises With Federal Grant

Mission Valley Bancorp on Friday announced a profitable quarter based on a grant from the Treasury Department.

NetSol Expands Partnership With Consulting Firm CGI

Auto leasing software provider NetSol Technologies Inc. in Calabasas announced Tuesday that it has expand its partnership with consulting firm CGI.

Pandemic May Have Caused 'Structural Change' in Labor Market, Per LAEDC Briefing

Despite a reduction in weekly unemployment claims in L.A. County, regional recovery from the economic impact of the COVID-19 pandemic remains slow going.

Santa Clarita, Lancaster, Palmdale Among Finalists in ‘Business-Friendly’ Competition

Los Angeles Economic Development Corp. announced finalists for the “Most Business-Friendly City” award, which recognizes leadership in economic development.

Sunland Man Sentenced for Fraudulent PPP Loan

Andranik Amiryan, 42, of Sunland was sentenced last week to 41 months in federal prison for fraudulently obtaining a $650,600 Paycheck Protection Program loan, according to the Justice Department.

US Bancorp to Buy Union Bank for $8 Billion

U.S. Bancorp, parent of US Bank, will acquire MUFG Union Bank for about $8 billion, the companies announced.

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