Mortgage Blog

Lamkin was discharged from LPL Financial LLC in August.

Dallas private equity firm Ancor Capital Partners has acquired a company in a growing niche of the health care industry that finds itself at the center of the fight over soaring pharmaceutical costs.

And a recent plan released by the Trump administration earlier this year to lower drug prices may give the investment an even bigger boost.

“As drug costs continue to increase, there is an increasing burden on pharmaceutical companies to justify pricing, and decision makers expect increasingly sophisticated…

The fund aims to raise $100 million to invest in digital assets and tokens.

Wells Fargo & Co. (NYSE: WFC) says it expects employee numbers to drop by as much as 10% over the next three years — a decline it says will be due to “displacements as well as normal team member attrition.”

Chief Executive Tim Sloan spoke about the changes at a companywide town hall meeting in San Francisco on Thursday.

Wells Fargo currently employs about 265,000 people. Based off of company estimates, the employee headcount could decline by as few as 13,250 or as many as 26,500 by the end of…

CrossFirst Bank just finished raising $127 million in private capital and plans to raise an additional $50 million in institutional money to support plans to double in size within the next five years.

Just dough it.

That could be the slogan for this year's 10 most-compensated Oregon executives, since they are certainly making a lot of dough and more than half hail from the state's single-biggest public company, with annual revenue exceeding all other Oregon public companies combined.

Click on the images above to see the 10 executives of Oregon & S.W. Washington publicly traded companies who earned the most total compensation in the last fiscal year. Paid subscribers can access The List in…

Out-of-state lender S&T Bank is ready to open a Buffalo-area office now that it has hired a Buffalo commercial lender to lead loan growth in Western New York.

Florida lawmakers adopted a new long-range financial forecast on Friday that could bode well when they meet next spring to write a new state budget.

The financial outlook, which was adopted unanimously by the Legislative Budget Commission, projects a $223 million surplus for the next budget year, which begins July 1. It is a modest surplus, representing only 0.6 percent of the estimated $34.6 billion in general revenue projected for next year.

Senate Appropriations Chairman Rob Bradley, R-Fleming…

The Community Bankers Association of Georgia will soon have a new leader.

John McNair, executive vice president of member relations at the Independent Community Bankers of America (ICBA) in Washington, D.C., has been named CBA president and CEO.

McNair will succeed Rob Braswell, former Georgia Department of Banking and Finance commissioner, who is retiring from the role on Oct. 31.

“John is a dynamic and engaging gentleman who I believe will be a tremendous asset to our association,” said…

Charlotte-based technology consulting firm Levvel named Chris Hart as its new chief executive officer, replacing John Espey after a five-year tenure.

Hart, who co-founded Levvel with Espey, previously held a position as the firm's chief technology officer. Matt Ernst, an initial investor in Levvel, is the operating partner and will be in charge of the firm's strategic direction and overall operations.

“This is about pivoting from the early-stage, really rocket ship growth that we had in the first…