Mortgage Blog
Does the Harris-L3 merger signal peak Pentagon?
Executives are touting this as as the largest merger in the history of the defense industry.
North Shore Bank plans urban-format branch in Milwaukee
North Shore Bank is planning a new branch with an urban feel.
The Brookfield-based business plans to convert an apartment building at 510-516 E. Pleasant St. in Milwaukee into its newest office. An application submitted to the city states that the new branch would improve the property with “modern addition areas,” such as a raised terrace and professionally designed landscaping to give the site a “new life and new use.”
Susan Doyle, North Shore Bank’s senior vice president of retail…
American Century nabs chief technology officer from BMO
Kansas City-based American Century Investments hired Jamie Patel as its new chief technology officer.
Patel has 35 years of experience working in technology, spending the past four years as chief information officer for Bank of Montreal (operating as BMO Financial Group), overseeing development of wealth, personal and commercial applications. She also has tech-related experience at Sabre Holdings and Rolls Royce.
Patel succeeds Richard Amos, who retired earlier this year after two years in the…
Best Places to Work: ‘Bring Your Baby to Work’ program among financial institution’s perks
SAFE Credit Union offers a peer recognition program with rewards including go-cart racing, dessert delivery, shadowing an executive for the day and more.
CEO talks about how Bank of America drove up profits for its best quarter yet
Charlotte-based Bank of America Corp. (NYSE: BAC) hit another home run in its third-quarter earnings, which it reported to the public Monday morning.
BofA posted $7.2 billion in net income, or 66 cents in diluted earnings per share, in the third quarter, a 32% increase from $5.4 billion in the third quarter of 2017. Revenue also increased by $1 billion year over year to $22.8 billion. About $9.4 billion of this revenue came from consumer banking alone.
It's the bank's 15th consecutive quarter with…
Cybersecurity insurance startup plans to offer policies in 2019
The emerging insurance company looks to pay-out small business cybersecurity insurance claims within 24 hours of a breach and is looking for strategic partners to launch.
Forbes predicts these Boston startups will be worth $1 billion
On Monday, Forbes magazine released its annual list of 25 startups it thinks will one day be worth $1 billion or more.
This year's list includes two startups headquartered in Greater Boston, and a handful of others that are connected to local investors. The two local startups come from the vibrant Massachusetts industries of 3D printing and fintech, while Boston-based investors have backed other startups in areas like customer analytics, insurance and enterprise data management.
Check out the…
Growth of Zelle payment platform means 100 open positions at Scottsdale headquarters
Open positions for the financial services app include fraud and risk analysts, data architects and call center positions.
JPMorgan Chase picks site for its first Nashville branch
In January, the $2.6 trillion lender announced it would open 400 branches in high-growth markets. Nashville has made the cut.
London financial group is coming to Ohio to grow mid-market companies
A London-based financial services firm has an eye on growing mid-market companies in the U.S., and it’s getting started in Ohio.