| Jul 22, 2014
| 9:57 AM
OneWest Bank in Pasadena, born from the ashes of failed high-risk home lender IndyMac Bank, has agreed to be acquired by commercial lender CIT Group for $3.4 billion, a hugely profitable deal for the hedge-fund and private-equity investors that have owned...
| Jul 3, 2014
| 7:09 PM
The stock market has rallied this year on hope that economic growth would finally accelerate beyond its sluggish pace.
That bet seemed to pay off Thursday as the Dow Jones industrial average vaulted over 17,000 for the first time.
| Apr 22, 2014
| 8:35 PM
Two of Los Angeles' many Asian American banks ranked near the top of analysts' national lists of bank stocks that investors should buy, a signal of economic strength in local immigrant communities.
Financial information provider SNL Financial ranked...
| Apr 23, 2014
| 5:55 PM
Banc of California, a growing community bank in Irvine, is doubling its footprint in Southern California as it joins a new wave of smaller California banks pushing to expand into regional players in the aftermath of the financial crisis and the Great...
| Apr 6, 2014
| 5:00 AM
The stock market is hitting new highs — just as corporate profit growth is slowing to a crawl.
Rising earnings helped drive share prices to a series of record peaks in the last few years. But that dynamic could be tested this week when companies...
| Apr 9, 2014
| 6:30 PM
Contestants from NBC's hit singing competition "The Voice" will hit the road this summer for a 31-city North American tour.
The tour, headlined by season five winner Tessanne Chin, will kick off June 21 at San Antonio's Majestic Theatre and includes...
| Jul 2, 2014
| 4:06 PM
Bankers, start your engines: City National Bank is opening a branch just north of Daytona Beach, Fla., where NASCAR reigns supreme, to serve the auto-racing industry.
L.A.'s largest bank, noted for its many Hollywood clients, said Wednesday that the...
| Jul 2, 2014
| 12:47 PM
A list of upcoming concerts across the Southland, with on-sale dates in parentheses.
Charming Liars, July 29; NONONO, Aug. 12; Corrosion of Conformity, Aug. 27; the Felice Brothers, Oct. 1; Living Colour, Oct. 4 (now); Cibo Matto, Sept. 30...
| Jun 16, 2014
| 3:14 PM
The outlook for growth in California is optimistic, according to a Beacon Economics report predicting expansion in manufacturing and exports and a job market recovery driven by more than low-wage work.
The report, conducted for City National Bank, notes...
| Jun 18, 2014
| 6:16 PM
The Federal Reserve seemed to give investors and the business world just about everything they wanted to hear.
The Fed endorsed the view that the sharp contraction in the first quarter was a blip: The economy has rebounded from the weather-related...
| Mar 3, 2014
| 3:05 PM
Former Chicago improv comedian Jordan Klepper is the newest member of “The Daily Show’s” correspondent team, the Comedy Central show announced Monday.
Klepper’s duties were to start on Monday’s show, with a report...