Mortgage Blog

Nvsted, pronounced “invested,” provides a platform for St. Louis-based startups and early-stage companies to crowdfund capital from anyone.

KCB Bank is an institution that likes to run silent and deep, but its recent success is getting it noticed more often these days.

Eagle Valley Bank and First Resource Bank have merged, according to statement from First Resource.

St. Croix Falls, Wis.-based Eagle Valley will take on the name of First Resource. The combined operation will have four locations in Apple Valley, Lino Lakes, Stillwater and St. Croix Valley and have assets around $200 million. The merger was completed earlier this week.

A representative for Lino Lakes-based First Resource did not respond to questions on potential changes in leadership, employment…

At times like these, it’s hard to find the words.

That’s because they aren’t there.

Language is a practical tool, not equipped for communicating the devastating loss and overwhelming emotions our community faces after the passing of Jennifer Riordan, vice president of community relations at Wells Fargo. I won’t go into the details of the Southwest Airlines mechanical issue that led to her death, because this isn’t about her death — it’s about a life amazingly well lived, despite…

Economic conditions have continued to improve in the Federal Reserve Bank of St. Louis region, with a tight labor market, slightly higher employment and modest wage growth.

Other developments, according to the Fed’s so-called Beige Book economic report:

Loan volume increased by 9 percent years over year in the first quarter, up from 7 percent growth for the previous quarter, driven by robust commercial and industrial lending, where loan volumes grew by 17 percent year over year.
Building material…

Once Raleigh-based Triangle Capital Corporation’s transactions close, it will operate under the Barings BDC Inc. name, according to a securities disclosure filed late Wednesday.

The new Barings BDC, Inc. will also trade under a different ticker symbol on the New York Stock Exchange: BBDC. TCAP has been its ticker since becoming a public company in 2007.

On April 4, TCAP announced announced the deal with Barings, which involves a total financial commitment of $235 million. Barings will become…

The Bay Area's phenomenal wealth creation is drawing legions of entrepreneurs and investors into the region, along with bankers that want to serve them.

New York global financial juggernaut JPMorgan Chase & Co. is launching a massive retail banking expansion in Greater Washington, with up to 70 branches planned across the region.

The bank (NYSE: JPM) will hire about 700 employees and commit to $4.5 billion in local lending as part of the expansion. About 20 percent of the branches will be in low-income neighborhoods, including Ward 7 and 8 in the District.

CEO Jamie Dimon will formally announce the move Thursday in D.C. with Mayor Muriel Bowser,…

Former Gov. Bill Ritter, who championed the renewable-energy focused New Energy Economy for Colorado during his four-year term, has joined Boulder’s Blackhorn Ventures, a venture capital firm, as a strategy partner.

The former governor, who led Colorado from 2007 to 2011, will advise Blackhorn on energy investment and building partnerships in Colorado, the firm said in a statement.

Blackhorn Ventures funds companies that use technology to transform industrial sectors like energy, construction,…

New York global financial juggernaut JPMorgan Chase & Co. is launching a massive retail banking expansion in Greater Washington, with up to 70 branches planned across the region.

The bank (NYSE: JPM) will hire about 700 employees and commit to $4.5 billion in local lending as part of the expansion. About 20 percent of the branches will be in low-income neighborhoods, including Ward 7 and 8 in the District.

CEO Jamie Dimon will formally announce the move Thursday in D.C. with Mayor Muriel Bowser,…