Mortgage Blog
Mutual Funds ranked by to net assets as of August 31, 2018
List of Mutual Fund Advisor companies in Greater Philadelphia. List data includes total net assets as of August 31, 2018 and their top funds or fund family. Data Source: Thomson Reuters Lipper.
Big Atlanta fintech company buying payment service provider JetPay for $184M
JetPay, formed in 2010, has suffered losses in each of the past three years.
Fifth Third cuts 600-plus jobs, but hiring spree is coming
Fifth Third Bancorp trimmed its workforce by more than 600 jobs during the third quarter as it improves its efficiency, but it’ll add employees next year, CEO Greg Carmichael told me.
Miami bank completes purchase of $152M international portfolio from New York’s Modern Bank
The Miami bank completed the acquisition after agreeing to the purchase in June.
Deposits key for F.N.B. as Pittsburgh-based bank targets adjacent markets
Record net income of $98.9M posted in 3Q.
These community banks are saving hundreds of thousands of dollars a quarter following Trump’s tax cuts
TrustCo Bank and Arrow Financial saw net income increase by more than 20 percent in the third quarter of 2018, as both banks saw profits from the Trump administration's tax cuts.
One of the biggest changes from President Donald Trump's $1.5 billion tax overhaul lowers the corporate tax rate to 21 percent from 35 percent. It also eliminates the corporate alternative minimum tax.
Financial institutions are among the biggest winners so far. Bank profits have soared this year, rising by 25 percent…
These are the biggest winners and losers among Silicon Valley tech stocks through Q3
Biotech stocks posted both the best and the worst stock performances among Silicon Valley companies in the first three quarters of 2018.
The biggest stock winner posted gains of nearly 200 percent, while the biggest loser fell nearly 80 percent, according to a Business Journal analysis of stock performance data from the start of the year through Oct. 17.
See the largest stock winners and losers in the galleries below.
While the majority of biotech of the Valley's highs and lows come from biotech…
Wells Fargo unveils D.C. initiative to triple charitable giving, boost small business lending
San Francisco banking giant Wells Fargo & Company (NYSE: WFC) will be boosting its business and charitable giving in Washington, D.C., to a total of $1.6 billion over the next five years, the bank said in an announcement.
The bulk of that money comes in the form of boosting its loan activity and equity investments, with Wells Fargo pledging to maintain or grow its small business and community lending and do more to spur economic development in D.C. Wards 7 and 8. Another $16 million comes in the…
CBJ Morning Buzz: Charlotte named nation’s top ‘tech town’; Local grocers hit by massive recall; Eastland redevelopment inches ahead
In local news:
On the heels of being named among the nation's hot spots for jobs by Glassdoor, Charlotte has now claimed the top spot in a ranking of the best places for tech workers. The Queen City is No. 1 on the CompTIA Tech Town Index 2018 released this morning by the Computing Technology Industry Association. Raleigh follows at No. 2, while Durham made the list at No. 15.
“As technology permeates every corner of our personal and professional lives, employment opportunities are expanding…
Toyota marks 15th anniversary at San Antonio plant
San Antonio's Toyota plant marked its 15th anniversary with a Friday morning event that drew top company executives, high-ranking politicians and local dignitaries.
U.S. Sen. John Cornyn, R-Texas, and Toyota Motor Manufacturing North America's chief quality officer Chris Nielsen led the event to commemorate the 2003 groundbreaking ceremony for the South Side automotive plant.
Since the plant's November 2006 grand opening, workers there have made 2.2 million Tacoma and Tundra pickup trucks and…