BofA, Wells Fargo lead Bay Area bank deposits
Bank of America posted a gain in market share for Bay Area deposits during fiscal 2012, keeping the No. 1 spot it holds in the region, primarily at the expense of the No. 2 bank in the nine-county region, San Francisco-based Wells Fargo Bank.
Over the 12 months that ended in June, Bank of America had 41.1 percent of its deposits, by dollar amount, in the Bay Area. BofA posted a gain over the June 2011 share of 37.8 percent, according to an annual survey released Tuesday by key bank regulator FDIC.
Wells Fargo had 20 percent of the deposits in the Bay Area at the end of June, down from the 21.9 percent deposit market share in June 2011.
Rounding out the top five in the Bay Area: Citibank had 6.3 percent on June 30, down from 6.8 percent the year before; Chase Bank had 4.5 percent, down from 4.6 percent; San Jose-based Silicon Valley Bank had 4.2 percent, up from 4.1 percent. Chase lost share despite a big push to open new branches in the region.
Jamba Juice shares jump nearly 6 percent
Shares of Emeryville-based Jamba, owner of the Jamba Juice beverage chain, surged 5.8 percent Tuesday after an investment expert picked the company during a conference in New York City.
Jamba rose 13 cents to close at $2.39 following the comments by Lloyd Khaner form Khaner Capital.
Khaner sees Jamba Juice as a
Bloomingdale's hiring for Livermore store
Bloomingdale's is holding a jobs fair this week for its store at the soon-to-open outlet center in Livermore, which is expected to be Northern California's largest outlet mall.
The jobs fair will be held Wednesday and Thursday in Pleasanton, according to a post on the Bloomingdale's career site.
On both days, the Bloomingdale's jobs fair will be held from noon until 8 p.m. at 4900 Hopyard Road, Suite 100.
Potential job candidates should go to the www.bloomingdalesjobs.com website to get the necessary information for the career event.
Bridgelux gains in cleantech survey
Livermore-based Bridgelux, which makes LED lighting technologies and solutions, has been named a member of the 2012 Global Cleantech 100, a list produced by Cleantech Group, a global research and advisory firm focused on innovation in energy and the environment.
The list includes privately owned clean technology companies worldwide. The list names firms that Cleantech Group believes can have a significant market impact over the next five to 10 years.
Bridgelux provides energy-efficient LED or light-emitting diodes as an alternative to conventional lighting. The company has begun using silicon to produce the LED systems.