Mortgage Blog

Benedict succeeds Cynthia Hundorfean, who departed the role late last year for a job with corporate parent Highmark Health.

There are plenty of lessons for businesses after the failure of Silicon Valley Bank. But one of the most important has nothing to do with money management.

We discuss the biggest news story of the week on the Access Louisville podcast.

GTE Financial is one of the largest locally owned and operated financial institutions in the area.

SVB Financial Group filed for bankruptcy protection on Friday, one week after government regulators seized its bank.

The Santa Clara parent company of failed Silicon Valley Bank said in a press release that the filing doesn't include the funds of its investment bank called SVB Securities, its venture unit called SVB Capital nor its general partner entities.

The filing doesn't affect Silicon Valley Bridge Bank N.A., which is the bank set up this week by the Federal Deposit Insurance Corp. The FDIC…

Shares of the company plummeted 40% after the results of a midstage clinical trial were announced.

This week's Lab Notes has details on the latest research projects to get funding support from the Eagles Autism Foundation, a big milestone for Innovation Park and a digital pathology company's latest partnership and more.

Sixteen startups remain in our Inno Madness bracket challenge. Who will advance to the round of 8?

Good morning, readers.

There are obvious ramifications of the recent failure of Silicon Valley Bank and other lenders for the startup sector that had come to depend so heavily on its services. But the commercial real estate sector is also facing hurdles as a result as uncertainty sets in and debt financing gets harder to find.

Meanwhile, a number of financial institutions that have built out crypto offerings for clients say they remain confident in the digital assets sector despite recent headwinds.

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“Hits and Misses” recaps the high and low points from the week in Pittsburgh business news.