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

Marcus & Millichap Buys Mission Capital

Calabasas real estate brokerage Marcus & Millichap Inc. has entered an agreement to acquire Mission Capital Advisors.

Cusumano Family Gives $1 Million to Boys & Girls Club in Burbank

The Cusumano family has donated $1 million to the Boys & Girls Club of Burbank and Greater East Valley to purchase a new clubhouse.

Westlake Village Firm Launches Venture Fund for Blockchain, Fintech Startups

Draper Goren Holm announced that it launched its first venture fund of $25 million to invest in fintech and blockchain startups.

Holly Schroeder to Lead L.A. County Workforce Development Board

Holly Schroeder, chief executive of the Santa Clarita Valley Economic Development Corp., has been named chair of the Los Angeles County Workforce Development Board.

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BlackLine Acquires Accounts Receivable Software Maker Rimilia

Woodland Hills accounting software developer BlackLine Inc. has acquired Rimilia, a U.K.-based platform that automates the accounts receivable process.

Burbank Credit Union Copes With Disney Layoffs

Partners Federal Credit Union has launched programs to help its members who face furloughs and layoffs from Walt Disney Co. in Burbank.

NetSol Reports Lower Revenue, Earnings

NetSol Technologies Inc. missed Wall Street estimates on revenue for the fiscal fourth quarter.

CERF Report Finds Latino GDP in Growth Mode

A report from the nonprofit Latino Donor Collaborative found that the total Gross Domestic Product of Latinos in the U.S. rose to $2.6 trillion in 2018, up from $2.3 trillion in 2017.

Market Downturn Moves Valley Stocks Lower

Share prices for large-cap companies in the Valley region moved lower as the Dow Jones Industrial Average dropped 1.8 percent.

Law Facilitates Retirement Fund Withdrawals in COVID Crisis

Employees looking to draw from retirement funds to stay afloat during the pandemic can now do so without penalty because of a new law.

Newsom Signs Bills to Support Small Business

California Gov. Gavin Newsom has signed into law three bills that will offer support for small businesses and construction projects affected by the coronavirus.

Calabasas Firm Changes Name to Oberg Law Group

A Calabasas law firm has changed its name to Oberg Law Group, thanks to the addition of Madison Oberg as partner.

Woodland Hills Investment Firm Buys Apartments in NoHo Opportunity Zone

Alliant Strategic Investments in Woodland Hills has acquired the Farmdale Apartments, a North Hollywood property located in a state-designated opportunity zone.

Preview: Family Owned Businesses

Chief executives at family companies say relationships with banks, vendors are crucial to survival.

CSUN’s Consultant Program to Help Valley Businesses

Students at the David Nazarian College of Business and Economics at California State University – Northridge are forming teams to assist small businesses dealing with the economic fallout of the coronavirus outbreak.

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