Mortgage Blog
Jaxport to seek bond offering as capital projects mount
In an uncommon step for the port authority, Jaxport is looking to raise nearly $77 million in a bond offering.
Charles Schwab unwraps $200M Northwest Austin campus with amphitheater, expansive views
Charles Schwab is growing in Texas, and especially in Austin. The financial services company has more than 1,900 employees now working at its corporate hub near The Domain, with more than 100 job openings — and room for many more.
Houston’s Cadence sells insurance business to Florida firm
Just a few weeks after announcing that it will acquire State Bank Financial Corp., Cadence Bancorporation (NYSE: CADE) has sold its insurance arm.
Tampa, Florida-based Baldwin Krystyn Sherman Partners, or BKS-Partners, closed on a deal June 1 to purchase Houston-based Cadence Insurance, an affiliate of Houston-based holding company Cadence Bancorporation, according to a June 4 press release. Terms of the deal were not disclosed.
Cadence Insurance, which has more than 2,000 clients and 40 employees,…
Buffalo State completes new visitors center facility facing Grant Street
The new facility cost about $7 million to build.
Fintech startup SpotOn almost tripling staff this year as it squares off against Square
SpotOn offers credit card processing services and a range of other services to small and mid-sized merchants, pitting the upstart against Square, which saw its shares hit an all-time high Monday.
Tampa’s BKS-Partners buys insurance arm of Cadence Bancorporation
Just a few weeks after announcing that it will acquire State Bank Financial Corp., Cadence Bancorporation (NYSE: CADE) has sold its insurance arm to a Tampa insurance firm.
Baldwin Krystyn Sherman Partners, or BKS-Partners, closed on a deal June 1 to purchase Houston-based Cadence Insurance, an affiliate of Houston-based holding company Cadence Bancorporation, according to a June 4 press release. Terms of the deal were not disclosed.
Cadence Insurance, which has more than 2,000 clients and 40 employees,…
As another Kemper steps down, Commerce Bank shuffles its leadership
Jonathan Kemper, vice chairman of Commerce Bancshares Inc., plans to relinquish his day-to-day responsibilities on July 31. Kemper will continue to sit on the company's board and remain actively engaged in Kansas City-area civic activities.
As a result of Kemper stepping down from day-to-day management at Commerce Bancshares (Nasdaq: CBSH), the company reshuffled some of its top leadership. The following changes are effective Aug. 1:
Kevin Barth, president of Commerce Bank in Kansas City, will…
Winner of charity lunch with Warren Buffett bid $3.3 million
The winner of eBay’s annual auction for lunch with Warren Buffett picked up a tab of $3,300,100, which goes to the San Francisco-based Glide Foundation to help the city’s homeless and others in need.
The winning bidder wished to remain anonymous, Glide said.
Glide President and CEO Karen Hanrahan said that the strong bidding on the Buffett lunch comes at a good time. Glide is seeing rising demand for its services even as San Francisco is said to be enjoying the strongest economy since World…
PNC planning ‘national digital expansion’ with an ‘ultra-thin branch network’
And here's why acquisitions aren't part of CEO Bill Demchak's strategy.
Life Management: Transparency, communication key to keeping clients
As clients of wealth managers grow increasingly affluent, their needs can change — and advisors who don’t keep up with those changes risk losing those clients to competitors who do.