Mortgage Blog
Wells Fargo fires employees over falsifying dinner receipts
Wells Fargo & Co. has fired or suspended over a dozen employees — and is investigating dozens more — over allegedly violating Wells Fargo's expenses policy, the Wall Street Journal reports.
People familiar with the matter told the Journal that analysts all the way up to managing directors in the investment bank division's San Francisco, New York and Charlotte, N.C. offices may have falsified receipts for after-hours meals they then charged to the bank.
Members of the Wells Fargo Securities…
With new leadership, San Francisco Federal Credit Union chases growth
The credit union has $1.1 billion in assets currently, making it the 14th largest credit union in the Bay Area, according to Business Times research.
Is Arizona on the cutting edge of cryptocurrency?
A shareholder with Gallagher & Kennedy answers questions about cryptocurrency and the intricacies of HB 2417.
Inside the decline of small business lending in Oregon and why minority- and women-owned businesses are hardest hit
Small business lending in Oregon has slowed to a trickle, with minority- and women-owned firms faring the worst. Meanwhile, the spigot is open wide for big business. Inside, a look at what’s behind the disparity and what’s being done to address it.
Here are the Bay Area’s highest-paid CEOs in finance
The Bay Area’s fintech startups may capture the glamour, but it's the more established finance players that can afford to pay big bucks to their CEOs.
Visa (NYSE: V), for instance, is doing well as it rides the growth of ecommerce, with customers often paying with debit and credit cards sporting the Visa logo.
The growth of digital payments prompted Visa CEO Alfred Kelly to tell shareholders earlier this year that he wants to move away from debit and credit cards, at least in name, as smartphones,…
Damages for business interruption unlikely for stores that closed due to Hurricane Lane
There’s no question that businesses lost money due to the interruption, but unfortunately for many, it’s a loss that can’t be regained, even if a business owner has business interruption insurance.
San Antonio officials breathe sigh of relief over Mexico trade deal
San Antonio business leaders are breathing a collective sigh of relief following news that the Trump administration has reached a bilateral trade deal with Mexico, which observers said sets the stage for a final and renegotiated North American Free Trade Agreement that includes Canada.
U.S. President Donald Trump announced the trade deal in a live conference call with Mexican President Enrique Peña-Nieto Monday afternoon.
“It’s a big day for trade, a big day for our country,” Trump said. “A…
Dayton-area credit unions to merge
The merger fortifies two of the smaller credit unions in the Miami Valley.
Meet the newest class of Queen City Fintech innovators
Queen City Fintech recently announced the ninth class of entrepreneurs chosen to participate in its accelerator program, which runs Sept. 4 to Nov. 14.
“We reached out to over 500 fintech (financial technology) startups from across the world, and the Class 9 companies reflect that increased breadth and competitive selection process,” says Dan Roselli, managing director of QC Fintech and founder of Packard Place, where the program is held.
The accelerator program is split into two cohorts each…
In a tough time for its call centers and electronics operations, iQor draws downgrades from Moody’s, S&P
Credit agencies are concerned about iQor's ability to repay its debt.