Mortgage Blog
Wells Fargo under federal investigation for potential fraud in wholesale banking unit
Wells Fargo & Co. (NYSE: WFC) is facing another federal investigation — this time related to claims of wholesale banking employees who altered and/or added information to documents without customers' knowledge, according to a report from The Wall Street Journal.
News of the U.S. Department of Justice investigation follows allegations of fraudulent practices made against the bank earlier this year. Investigators are looking into whether the employees' behavior was a direct result of management…
Meet the members of 2018’s Upstart 50
The creation of our annual Upstart 50 publication started with a simple question: Who are the people that set the Bay Area business community apart?
Our search to answer that question spanned nine counties, various industries and countless companies.
And to highlight the entire life cycle of innovation, it was necessary to honor those at the cutting edge of technology and business practices, as well as the figures who helped create the environment where rocketship growth and disruptive thinking…
Art of the Deal: Investor’s Guide for tech startup investing (slideshow)
These executives have been there and done that in the technology startup investing realm.
Popularity rises among Boston’s few donor-advised funds
In 2016, the most recent year for which data is available, U.S. donor-advised funds reached $85 billion in assets under management, nearly doubling the total from just four years earlier.
Upstart 50 Backer: Driving change in the Fortune 500
Cisco's Kate O’Keeffe helps infuse a startup mentality into some of the world's biggest companies.
Upstart 50 Masters: Building the next era of entrepreneurs
Bay Area power couple and Fifth Era founders Alison Davis and Matthew Le Merle have the foresight to spot fintech success.
Cincinnati Police identify Fifth Third shooter, provide details of incident
Cincinnati Police have identified the man who shot five victims at Fifth Third Center near Cincinnati’s Fountain Square on Thursday morning.
Police Chief Eliot Isaac said Omar Enrique Santa-Perez, 29, of North Bend entered the lobby of Fifth Third Center on Thursday morning and calls to the emergency communications center were first received at 9:11 a.m. Multiple officers responded and four of them engaged in fire with the shooter and struck him multiple times before securing the scene.
Santa-Perez…
Capital Commerce Bancorp to merge with First Citizens Bank
Shareholders of Milwaukee-based Capital Commerce Bancorp Inc. approved a merger agreement with First-Citizens Bank & Trust Company of Raleigh, N.C.
The banks announced in a Thursday news release that First Citizens would acquire Capital Commerce and its Securant Bank & Trust subsidiary, a move that is expected to take effect in the fourth quarter.
Securant branch offices will initially operate as Securant Bank, a division of First Citizens Bank, according to the release. Customers will be able…
Partners of the Year: Homelessness issue hits home for MFS
MFS Investment Management and Horizons for Homeless Children are among the Business Journal's Partners of the Year award honorees.
Scams against seniors are growing: Government and banks are trying to help
What financial institutions and government officials are doing to solve a growing crisis.