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RECENT ISSUES

K and P Janitorial
Current Issue:

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Banking on the South Bay

Classic Wisdom Prevails
For Local Bankers

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Business News

  • Wall St Week Ahead: The market is oversold, but major signs say "sell"
    May 18, 2012
    NEW YORK (Reuters) – Normally a big decline would set up Wall Street for a technical rebound. But that may not be the case next week, even after the market posted its worst weekly loss for the year an …

  • Historic Facebook debut falls flat
    May 18, 2012
    SAN FRANCISCO (Reuters) – The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company’s sky-high valuation combined with trading glitches lef …

  • Samsung's mobile chief says has options to settle war with Apple
    May 20, 2012
    SEOUL (Reuters) – Samsung Electronics’ mobile division chief JK Shin said on Sunday the South Korean technology giant was still seeking to resolve differences in its international patent war with Appl …

  • Google says it has China's approval for Motorola deal
    May 19, 2012
    (Reuters) – Google said on Saturday that Chinese authorities have approved its $12.5 billion purchase of Motorola Mobility Holdings, the last regulatory hurdle to a deal that would allow the world’s N …

  • Two smaller unions agree deals with Lockheed
    May 19, 2012
    (Reuters) – Lockheed Martin Corp said on Saturday it had negotiated new contracts with two smaller unions at its Fort Worth, Texas plant, even as a strike by the larger machinists union stretched int …

  • Status update: Facebook's Mark Zuckerberg gets married
    May 19, 2012
    (Reuters) – Facebook co-founder and CEO Mark Zuckerberg wed longtime girlfriend Priscilla Chan on Saturday, announcing the nuptials through a status update on the social networking site. …

  • China state-run businesses to invest 350 billion yuan in Chongqing
    May 20, 2012
    BEIJING (Reuters) – Thirty of China’s biggest state-owned businesses have signed contracts worth about 350 billion yuan ($55.3 billion) with the southwestern municipality Chongqing, Chinese media repo …

  • Dewey to consider bankruptcy filing: source
    May 18, 2012
    NEW YORK (Reuters) – Ailing law firm Dewey & LeBoeuf is considering a bankruptcy filing as new debtholders take a more aggressive track, shifting away from earlier attempts at an out-of-court liquidat …

  • Russia Sberbank sees sale certainty after government formed
    May 19, 2012
    WASHINGTON (Reuters) – Europe’s second largest lender Russia’s Sberbank will see some certainty over the planned privatization sale after the new Russian government’s lineup is announced on May 21, C …

  • Obama pledges tough enforcement of Wall Street reforms
    May 19, 2012
    WASHINGTON (Reuters) – President Barack Obama on Saturday called on the U.S. Congress to back his efforts for tough new financial industry oversight, saying a $2 billion trading loss at JPMorgan under …

Networking Now Blog Feeds

Editor's Choice Posts

  • A Taste of Wine Country Charity Event at the Westin Los Angeles Airport

    This festive event features premium wineries from various appellations giving guests an authentic Wine Country experience, as if one were visiting the winery itself.  This is coupled with food tastings prepared by the Westin catering department with mellow entertainment to provide background ambiance.
    This event benefits the JWCH Institute (www.jwchinstitute.org) which provides healthcare and social services to the needy and underserved in Los Angeles County.  There will also be a Toy Drive for the Children.
    Tickets are priced at $40 in Advance and $50 at the door (plus service charge).  However, … Continue Reading


  • Farmers and Merchants Bank “People You Can Bank In Breakfast”

    Farmers and Merchants Bank will be holding its inaugural People You Can Bank On breakfast Thursday, August 25 at 7:30am at the Virginia Country Club in Long Beach.

    This event will honor 9 Long Beach residents from various walks of life that have had a notable impact on their community, profession and country. Recognizing eleven honorees overall with 2 residing in the South Bay, this first-ever breakfast will enable F&M to pay tribute to visionary community leaders who share their core values of service, integrity and reliability.

    F&M Salutes People You Can Bank On 2011 … Continue Reading


  • Signature Estate & Investment Advisors, LLC® Continues Momentum, Expands Opening South Bay Office

    •           New Office Brings SEIA’s Comprehensive Wealth Management Services to the South Bay Community

    •           Top 25 Barron’s Advisory Firm Attributes Momentum to Consistent Caliber of Client Service

    Los Angeles, Calif. – July 26, 2011 — Signature Estate and Investment Advisors, LLC® (SEIA), a full service wealth management firm headquartered in Southern California managing more than $2 billion in client assets, today announced the opening of its new office in Redondo Beach, CA.  The firm’s expansion was prompted by its continued growth, addressing the need for high-caliber wealth management services throughout the South Bay … Continue Reading


  • South Bay Husband and Wife Team Win Awards in International Panoramic Photography Competition

    TORRANCE, CA—July 18, 2011– Sharing an outdoor lifestyle is healthy for any couple but when that couple win international awards, who takes the credit?

    In the case of Joseph Chiang and Glenda Higgins-Chiang, the accolades are shared. It takes two people working for many days to complete a panorama worthy of the EPSON Pano silver award, which recognizes the top ten percent from a field of thousands of entries representing 62 countries.

    The Pano awards were established to recognize the special skill and unique vision required to create panoramic images. New software, camera technology, and processing techniques allow artists like the … Continue Reading


  • Banking on the South Bay Issue – Digital Flip Page Version

    Click to launch the full edition in a new window
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  • News From Citizens Business Bank

    CitizensTrust Receives Recognition in Los Angeles Magazine 2011 Five Star Wealth Managers Publication

    CVB Financial Corp. is proud to announce that Sean Kraus, Charted Financial Analyst from CitizensTrust, Citizens Business Bank’s Wealth Management Group, was listed in Los Angeles Magazine’s 2011 Five Star Wealth Managers. Kraus is the Senior Vice President, Chief Investment Officer for CitizensTrust. Ontario-based Citizens Business Bank has a strong presence in the South Bay, with locations in El Segundo, Manhattan Beach and Torrance.
    The list of the 2011 Wealth Managers is an elite group, representing less than 2 percent of the wealth managers in the Los Angeles … Continue Reading


  • Farmers & Merchants Bank Donates $11,000 to Long Beach Neighborhood Association

    Farmers & Merchants Bank, serving the South Bay communities with locations in Torrance and Palos Verdes, recently donated $11,000 to the Willmore City Heritage Association (WCHA) in early February. When funds were scarce for the 7th and Maine Beautification Project, F&M Chief Executive Officer Henry Walker stepped into fund a large portion of the next phase. Wilmore City is a historic district near Downtown Long Beach, a few blocks from where Farmers & Merchants Bank is headquartered.
    “How do you thank somebody in a time of peril,” said Jim Danno, Community Outreach Coordinator of WCHA.  “Through his kindness, he made … Continue Reading


From the Print Edition

  • News From Citizens Business Bank

    CitizensTrust Receives Recognition in Los Angeles Magazine 2011 Five Star Wealth Managers Publication

    CVB Financial Corp. is proud to announce that Sean Kraus, Charted Financial Analyst from CitizensTrust, Citizens Business Bank’s Wealth Management Group, was listed in Los Angeles Magazine’s 2011 Five Star Wealth Managers. Kraus is the Senior Vice President, Chief Investment Officer for CitizensTrust. Ontario-based Citizens Business Bank has a strong presence in the South Bay, with locations in El Segundo, Manhattan Beach and Torrance.
    The list of the 2011 Wealth Managers is an elite group, representing less than 2 percent of the wealth managers in the Los Angeles … Continue Reading


  • Farmers & Merchants Bank Donates $11,000 to Long Beach Neighborhood Association

    Farmers & Merchants Bank, serving the South Bay communities with locations in Torrance and Palos Verdes, recently donated $11,000 to the Willmore City Heritage Association (WCHA) in early February. When funds were scarce for the 7th and Maine Beautification Project, F&M Chief Executive Officer Henry Walker stepped into fund a large portion of the next phase. Wilmore City is a historic district near Downtown Long Beach, a few blocks from where Farmers & Merchants Bank is headquartered.
    “How do you thank somebody in a time of peril,” said Jim Danno, Community Outreach Coordinator of WCHA.  “Through his kindness, he made … Continue Reading


  • Banking on the South Bay

    Classic Wisdom Prevails for Local Bankers

    By David Whitehead and Brian Simon

    The last time Business Insider Magazine chatted with executives from several small- to medium-sized financial institutions in the area we wanted to see how they were faring in light of what was described as the worst economic crisis since the Great Depression. We didn’t expect the news to be all hunky dory. The sub-prime collapse, subsequent real estate downturn and crippling credit crunch had already wreaked havoc on the banking industry as a whole, spurring the shocking demise of more than a few once seemingly invincible financial giants. All indicators … Continue Reading


  • My Business is Worth What?

    California Association of Business Brokers says know the value of your business

    Sacramento, CA — The California Association of Business Brokers (CABB- a non profit trade organization) says if you are a small business owner looking to sell your business but are waiting for the economy to turn around, use this time to start preparing. One of the most vital steps in this process is to understand what your business is worth.
    Ron Hottes, president of CABB and of several Business Team Business Brokerages says that a business broker’s opinion of value can provide you with an objective view of what … Continue Reading


  • The “Profits of Doom” Deliver Hope

    Contrarian Economists

    By David Whitehead

    Economist Nouriel Roubini was dubbed the “prophet of doom” when he tried to warn the financial community they were building a house of cards with the Real Estate market. He wasn’t taken seriously until 2007 when it became clear a massive asset bubble was about to cause catastrophic damage to the global economy. Today, he receives praise for his insights and is the voice Wall Street calls on the most to explain what so many insiders claimed to have missed.
    However, Roubini was hardly the only notable economist pointing out that asset bubbles can be identified, tracked … Continue Reading



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