Mortgage Blog

Oakland-based Main Street Launch has a history of financing Sacramento area small businesses.

Bank of America Corp.'s virtual financial assistant, Erica, hit a milestone this week by reaching 1 million users.

Erica, an artificial-intelligence tool that can be accessed through the Bank of America (NYSE: BAC) mobile app, was rolled out in phases across the country starting earlier this year. The final state to receive Erica capabilities was California.

“As we continue to advance our work on AI-driven developments, it is important that we listen to our users today and further enhance Erica…

With his first full tax year under his belt, Jeff Jones delivered strong financial results. But, he tells KCBJ, those returns aren't sustainable without making changes going forward. He lays out his vision for the future.

It's good news for Bay Area fintech entrepreneurs, given how much money the prolific investor has already put to work in the region's promising startups.

Wabtec Corp. on Wednesday said it has entered into new financing arrangements in connection with its pending $10 billion merger with GE Transportation.

The new arrangements include syndication of a $2.5 billion senior unsecured bridge commitment and $400 million senior unsecured delayed draw term loan to fund the cash portion of the merger, Wilmerding-based Wabtec (NYSE:WAB) said in a release. This provides that the bridge commitment will be reduced by any alternative financing that Wabtec arranges…

Evan Stone is now back as the CEO. He says the company needs to return to its sales roots, even as would-be buyers are facing a shortage of homes they can afford and rising interest rates.

Even now, as an executive with a high-profile financial services interest, William Moran has an appreciation for all the little things that make his firm tick. After all, he’s been at the bottom rungs of the corporate ladder.

His career with Merrill Lynch “really happened by accident,” according to Moran, a senior vice president in the company’s wealth management division. Moran had an internship with Merrill Lynch in college, and when he graduated with no job lined up, the company brought…

Barger now advocates on both a local and national level, co-chairing PNC’s “Planning for the Modern Family” national practice group.

Co-founder and CEO Mark McClain opens up about what it's really like to take a company public as he shares the strategies used to fuel the company's early strong performance on the NYSE.

Fifth Third Bancorp is joining the crowd by jumping into a fast-growing segment of investment management known as the robo-advisory business.

Fifth Third Securities, the brokerage and investment advisory arm of downtown Cincinnati-based Fifth Third (Nasdaq: FITB), has launched an automated investment advisory platform this week known as OptiFi.

OptiFi, like other so-called robo-advisers, uses computers to automatically determine the types of investments a client should make. Unlike hands-on portfolio…