Mortgage Blog

PNC’s Philadelphia-based wealth management arm offers new services
Hawthorn, the PNC Financial Services Group wealth management arm serving ultra wealthy clientele, announced on Tuesday the launch of the Hawthorn Institute for Family Success, a new suite of specialized services available to clients to help them and their families thrive and successfully transfer wealth across generations.
Alexandre Monnier has been appointed to lead the implementation of this offering as Hawthorn’s managing director of wealth sustainability. Hawthorn serves individuals and…

Birmingham ranks among top 10 metros with maxed-out credit cards
Birmingham has ranked in the top 10 metros where cardholders have the most amount of maxed-out credit cards.
That’s according to a recent study by LendingTree subsidiary CompareCards.com that analyzed credit reports from over 1.3 million My LendingTree users with active credit cards in the first quarter of 2019 to calculate the percentage of consumers with current balances equal to or greater than their credit limits.
Birmingham ranked eighth on the list, which shows 29.2% of cardholders with…

$2B financial advisory firm wants to expand its ranks in St. Louis
RFG Advisory Group is recruiting independent financial advisers to expand its ranks in St. Louis.

Behind the deal: How this Middle Tenn. bank snagged one of its latest acquisitions
Reliant Bank upped its offer twice and beat out two lenders to buy its way into Cheatham County.

Bremer Bank an attractive target, but obvious buyer hard to find
Bremer Bank might be for sale, but who would buy it? An investment bank considers the contenders.

Austin-based LawnStarter rakes in the green with $10.5M funding round
One of modern society’s original startups is starting a neighborhood lawn mowing service. For teens across the nation, it’s been almost a business right of passage to mow as many lawns as you can in whatever area you can reasonably push your mower to and fro.
Well, software is augmenting that tradition, too.
LawnStarter Inc., an Austin startup that launched its on-demand mowing and outdoor services business in 2013, on Nov. 12 announced a $10.5 funding round led by Princeton, New Jersey-based…

Big Bay Area bank slams brakes on auto lending through dealerships
Bay Area banks have run hot and cold on the business of financing auto purchases through dealerships over the years.

First Horizon CEO makes case for IberiaBank buy at NC event
The First Horizon/IberiaBank deal came together over several months — including a pivotal weekend meeting at a duck club in Arkansas, attended by four members of each leadership team.
Bernard Tyson carried his influence to the national health care stage
After becoming CEO of Kaiser Permanente in 2013, Bernard Tyson built a national profile in health care, and his influence was especially acute in 2017.
The CEO of the nation’s largest nonprofit managed health care system met with President Trump twice to discuss the Affordable Care Act and veterans' affairs that year, and he addressed a Senate committee to develop ways to improve the health care system.
Tyson, who died expectedly Sunday morning at age 60, ran the Oakland-based integrated health…
Kaiser Permanente CEO Bernard Tyson dies at 60
Bernard Tyson, the charismatic chairman and CEO of Kaiser Permanente, died early Sunday morning. He was 60.
The company issued a statement Sunday saying Tyson died unexpectedly in his sleep. No cause of death was immediately available.
The Kaiser board named Gregory A. Adams, executive vice president and group president, as interim chairman and CEO.
Tyson led Oakland-based Kaiser, a nonprofit health provider with 13 million members and $82.8 billion in revenue, since 2013. He was named chairman…