Mortgage Blog
Illinois’ 7th District doubles private equity investment over past 2 years
The congressional district that includes downtown Chicago saw more private equity investment than all but two other districts across the nation last year.
Fed’s latest rate hike is making the inflation fight ‘more difficult to win,’ Florida economist Sean Snaith says
Fighting inflation should be the Fed's top priority, not staving off pain in the banking sector, Sean Snaith said.
Oregon approves first psilocybin manufacturing licenses
The license marks a milestone in the country's first state-regulated psilocybin therapy program.
Children’s National Hospital names Michelle Riley-Brown as new CEO
Dr. Kurt Newman, president and CEO of Children’s National Hospital, is set to hand the reins of the D.C. nonprofit where he’s spent nearly 40 years to its next chief.
The institution’s board has appointed pediatric health care executive Michelle Riley-Brown to succeed Newman, its leader of 12 years who, in September, announced his intention to retire. The transition takes effect July 1.
“Dr. Kurt Newman is irreplaceable,” Board Chair Horacio Rozanski, CEO of Booz Allen Hamilton Inc.,…
After latest rate hike, here’s where the minds of North Texas bankers are at
North Texas bankers may have expected the Federal Reserve to raise interest rates again on Wednesday, but that doesn't mean they had to be happy about it.
FDIC extends deadline for bids on Silicon Valley Bank’s wealth management unit
No reason was given for the deadline extension on the auction of Silicon Valley Private Bank, which was known as Boston Private when SVB acquired it in 2021.
Five Star Bank assures customers, gains deposits in the wake of Silicon Valley Bank’s collapse
In the wake of the rapid failure of Silicon Valley Bank, Five Star Bank is assuring customers that their money is safe.
Exclusive: Children’s National Hospital names Michelle Riley-Brown as new CEO to succeed Kurt Newman
Newman is set to retire after 40 years with the D.C. pediatric nonprofit.
Public company quietly moves executive offices to Morrisville
A pharmaceutical company with a new drug has shifted its executive offices from New York to Morrisville.
Pittsburgh tech sector saw a solid 2022 for investment, EY and IW report
Last year, $1.029 billion was invested in 150 unique Pittsburgh tech firms across 176 transactions. Overall dollars were down almost two-thirds from the record $2.962 billion in 2019, but ahead of 2021’s $894.3 million.
That’s according to “Investment in Pittsburgh’s Technology Sector, Trends and Highlights 2013-2022,” which was released by Ernst & Young LLP and Innovation Works on Thursday morning.
“There is cause to be optimistic,” said Ven Raju, IW president and CEO. “For 2022,…