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Wells Fargo buys Greater Bay Bancorp.

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Obopay Offers Cell Phone Money Transfers


year 2007 Top ^

Oct.25   Redwood City
  Obopay is offering the service between cell phone customers in the U.S. at a 10 cent flat rate, and has plans to expand overseas
May.5   East Palo Alto
  Wells Fargo & Co. will pay $1.5 billion in stock to buy a bank holding company with $7.4 billion in assets and 41 Bay Area branches


year 2005 Top ^

Apr.23   Menlo Park Silver Lake buying Instinet's division
  Instinet's institutional brokerage division is a wholesale unit that Nasdaq doesn't intend to keep Mar.1   HP Carly Fiorina, World Bank president?
  A report said the ousted chief executive officer may be on the list of possible candidates for the prestigious post


year 2004 Top ^

Bay Area Might Be Stuck with Bridge Bill Aug.3   San Mateo Franklin settles for $50 million
  Franklin Resources agreed to pay shareholders and make changes to settle federal charges

year 2003 Top ^

Nov.19   Menlo Park E*Trade: tool to compare mortgages
  'Fair Compare' is an online tool for consumers to compare the costs for mortgages offered by E*Trade's and any other lender Jul.16   Menlo Park E-Trade plans to give rebates  Online brokerage will begin giving customers half of its mutual fund fees later this year Jun.9   Menlo Park E-Trade offers 'moving' mortgages
  Online financial services rebel is offering fixed-rate loans that borrowers can take with them as they change addresses
May.12   Menlo Park E*Trade Pays Fiserv $23 Million in Suit  Online bank has paid a data processing provider to settle litigation tied to the collapse of GenesisIntermedia Mar.29   SFO Airport credit rating drops  Passenger traffic has fallen since the start of the wa, and United is experiencing financial problems Feb.24   Menlo Park Goldman Sachs Quietly Moves Out  Bank is quietly packing its bags and heading back to San Francisco. Feb.14   SFO $100 million for BART extension to SFO  A bill approved by the House of Representatives will provide about $105 million for services in Bay Area

year 2002 Top ^

Dec.19   SFO Financial blow expected in case of war  Travel is still down 15% from the months before the Sept. 11, 2001 and down an estimated 25% from its peak in 2000 Sep.12   Daly City Financial privacy ordinance
  The ordinance requires local financial institutions to provide customers with notice before selling info with other institutions
Aug.13   HP New financial services unit  The new unit is the result of combining more than 1,500 financing professionals from its merger with Compaq Jul.23   SFO $40m contract for wastewater treatment  Commissioners meeting at City Hall approved a replacement of 30-year-old facilities WorldCom in accounting trouble, cut jobs Jun.19   SFO Audit of airport finances  Commissioners have voted for an audit from firms outside the board's contracted budget analyst Jun.4   HP Cost cuts achieved ahead of schedule  Fiorina says Hewlett-Packard will exceed some of the financial targets it set for its hard-fought acquisition of Compaq Apr.17   Palo Alto PayPal reports first quarterly profit  The 3-year-old online payment provider earned $1.2 million, or 2 cents per share Mar.7   HP Standard & Poor's cuts credit ratings  Potential benefits of the planned $22 billion acquisition of Compaq are offset by the deal's high risks Feb.26   SFO   Requests for Sept. 11 tax releief denied  County denied claims by 63 companies saying that Sept. 11 reduced their property values by $2.5 billion Peso devaluated



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