Mortgage Blog

Fifth Third Bancorp cut numerous jobs this week in Greater Cincinnati and across its 10-state region.

Fifth Third (Nasdaq: FITB), the nation’s 13th biggest bank, didn’t disclose how many jobs were cut. The discussions with employees whose positions were eliminated took place this week, said Fifth Third spokesman Larry Magnesen. He didn't specify the types of jobs that were eliminated.

The move wasn’t prompted by any specific change in Fifth Third’s operations.

“We look at staffing on…

Moody's Investors Service gave Florida its highest rating, citing the state's “strong fiscal management practices and healthy reserves” as well as its ability to bounce back from hurricanes spawned by climate risk.

The rating agency upgraded Florida's general obligation rating to Aaa from Aa1. Calling Florida's recovery from the worldwide financial recession “sustained and robust,” Moody's credited the decline in the state's manageable debt burden plus the fact that Florida took advantage of refunding…

Fifth Third Bancorp launched its groundbreaking maternity concierge service last year as another benefit to make things easier for its employees. The program is already showing powerful results while picking up national recognition from multiple sources.

A new blockchain research center was launched this week at Stanford University, funded by the Ethereum Foundation and others involved in the industry.

The new Stanford Center for Blockchain Research is led by Dan Boneh and David Mazières, two computer science professors who have specialties in blockchain and cryptocurrencies.

Its goal is to bring together university scientists and industry leaders to develop best practices for the crypto sector. In addition to research, it is creating courses…

Early in his career while earning an accounting degree, Don DeCinque got a glimpse of the for-profit business scene as a salesperson for the former monopoly Southern Bell.

A Dallas biotech investment firm raised more than $2.1 million as part of a round of funding it participated in for a cancer drug maker in Belgium, a filing shows.

Proxy fights and activist campaigns are the bane of public companies. And they're only expected to rise.

Longtime CPA Henry Koziol Jr. is about to begin his second year as managing director of Freed Maxick CPAs P.C.

Despite growing national concerns over potential international trade wars, San Antonio public companies have mostly been able to maintain the increases in stock prices that followed tax reform legislation and the oil and gas recovery, though there are exceptions.

Among the 18 publicly traded companies based in the San Antonio, 11 are closer to their peak stock than their low value since tax reform was passed Dec. 22. Eleven companies also have posted positive stock gains through June 18.

In the…

Investors in San Antonio don't typically get the opportunity to include software companies it their portfolios, which typically lean towards the energy sector.