Mortgage Blog
PNC economist: Tight labor a good problem to have
PNC Senior International Economist Bill Adams believes tight labor is a sign of a strong economy, expects wages to rise and outlines how businesses are getting the labor they need.
Pay details disclosed for Five Star Bank CEO
The top executive of Financial Institutions Inc. – the parent company of Five Star Bank – received an executive pay package last year that was 23 times more than the annual total compensation paid to the company’s median employee.
According to a regulatory filing, president and CEO Martin Birmingham received a package worth $1.2 million in 2017. That’s an increase of 14.4 percent compared to $1 million awarded in 2016.
While Birmingham’s pay topped $1 million for the second year in…
Bank of America CEO talks dangers of technology, importance of physical branches during Baltimore visit
Charlotte, North Carolina-based Bank of America (NYSE: BAC) is Greater Baltimore's largest bank with $20.2 billion in local deposits as of June 2017, according to the Federal Deposit Insurance Corp.
In Amazon’s early days, Bezos told David Rubenstein, ‘I’ll never be that rich’
Rubenstein, co-founder of the Carlyle Group and host of a show on Bloomberg TV, said it's hard to admire anyone more right now than Bezos. The relationship between Rubenstein's Carlyle Group – one of the world's largest private equity firms – and Amazon dates back to Amazon's early days.
Atlanta financial technology firm GreenSky files IPO to raise $100M
The Home Depot is GreenSky's most significant single merchant and represented approximately 6 percent of its total revenue in 2017.
First US CEO says upcoming merger a good fit
Here's what First US Bancshares CEO has to say about its upcoming acquisition of a Virginia bank.
Debx wants to make credit card debt a relic — and it’s raising millions in fresh funding
The startup is currently riding a wave of news coverage.
Largest Texas Mergers and Acquisitions
Data was provided by the Texas Lawbook and Mergermarket for M&A deals involving a Texas-based company. Only corporate mergers and acquisitions announced in 2017 are listed. In case of ties, companies are listed alphabetically.
Access issues plague customers of one of Pittsburgh’s biggest banks
Customers of one of the biggest banks serving Pittsburgh couldn’t access their accounts Friday morning due to a processing delay and some issues continued into the afternoon.
Citizens Bank, part of Providence, R.I.-based Citizens Financial Group (NYSE:CFG), is Pittsburgh’s fourth-largest bank according to deposit market share.
“The processing delay experienced by customers this morning has been resolved and all transactions have been posted,” Frank Quaratiello, a Citizens spokesman, said…
Here’s how DocuSign IPO’s big winners helped shape its success
The venture investors who have been involved with DocuSign for more than a dozen years say they have counted at least seven near-death experiences that the company survived. Today, they are sitting on huge potential gains in reward for their patience.