Mortgage Blog
FDIC is delaying the deadline for Silicon Valley Bank bids and now plans to split it up
Banking regulators now reportedly plan to sell Silicon Valley Bank in two pieces and are giving potential purchasers more time to put in their bids.
A North Carolina bank is reportedly weighing a bid for Silicon Valley Bank
First Citizens Bank is reportedly among a “handful” of potential bidders for Silicon Valley Bank.
Report: First Citizens weighs takeover of Silicon Valley Bank
Raleigh's First Citizens Bank is considering a takeover of the failed Silicon Valley Bank. And it makes sense, given First Citizen's history.
Trident Trust Services Inc. opens Houston office as part of U.S. expansion
Trident Trust Services Inc., an international fund administration services company, opened a new office in Houston with plans to target opportunities in Texas and nearby states.
PayBright , startup that began at Furman University, grows in Raleigh
When Dustin Magaziner founded PayBright in 2012 while he was a student at Furman University, it was supposed to make “just a little money.” It's done that – and much more.
Allied Healthcare Products says it’s restarting operations after planning plant shutdown
Allied Healthcare Products Inc., which previously said it planned to shutter its plant in The Hill neighborhood and lay off 160 employees, said it is restarting operations under new leadership.
First Republic plans to issue new shares as stock falls by 30% again
Some Wall Street analysts have been less than impressed with Thursday's financial rescue and the aftermath.
Eastern Niagara Hospital sets closing date for Lockport facility
The hospital has been operating under bankruptcy protection since 2019. The closure is scheduled to occur prior to the opening later this summer of Catholic Health's new micro hospital in Lockport.
First Republic plans to issues new shares as stock falls by 30% again
Some Wall Street analysts have taken
SVB CEO Greg Becker was spotted in Hawaii, far from the fray of the failure of his bank
SVB Financial Group CEO Greg Becker apparently wasted little time in escaping the aftermath of the collapse of his company's core business.
On Monday — just three days after banking regulators seized Silicon Valley Bank — Becker and his wife jetted off to his $3.1 million Hawaiian hideaway, according to the Daily Mail.
The U.K. tabloid showed photos of Becker and wife, Marilyn Bautista, walking the streets of Lahaina, Maui, in shorts and flip-flops. The Daily Mail also showed photos of the…