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Bank planned in nation's capital secures FDIC approval

American Banker

Organizers of Founders Bank in Washington are still need to raise at least $25 million before opening.

FDIC 41
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Philadelphia Mall Owner Takes Care Of Its Own

PYMNTS

Just this week, investors in Starwood Capital Group started to show signs of strain after the pandemic shuttered stores and wiped out emergency cash reserves, leading to default on a $700 million loan. REITs are not exactly a source of good or even consistent news these days. But apparently they’re doing something right in Philadelphia.

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Banking's Total Return Top 5: 2013 Edition

Jeff For Banks

capital appreciation and dividends. Access National Corporation #4. Texas Capital Bancshares, Inc. Nasdaq: MRLN) Continuing the theme of niche banks, Marlin is a direct lender providing financing to business so they can acquire new equipment and technology while preserving capital. BofI Holdings, Inc. #2. Well done! #4.

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Guest Post: 2012 Economic Year in Review by Dorothy Jaworski

Jeff For Banks

Housing markets have begun to improve with the national indices showing year-over-year growth of 3% to 4% recently. Higher wage earners will see an increase in the top tax bracket, from 35% to 39.6%, and an increase in their capital gains and investment income levels from 15% to 20%. Yes, folks, that would be $1 trillion per year!

Taxes 71
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GonzoBanker Awards 2017

Gonzobanker

The Get Outta Dodge (and Focus) Award – Goes to Capital One for exiting a significant mortgage business to focus on cards and direct banking. Biggest Branch ITM User Award : The Security Guard. These actions DO NOT represent the vast majority of Wells Fargo professionals, but they are symptomatic of an earnings culture gone wild.

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Fintech Policy in the US – Things Are Things Heating Up

FICO

It’s August and it’s hot in Washington DC. Yet in the nation’s capital, fintech policy may actually be hotter than the temperatures outside. Much of the latest buzz has come from the recently released Treasury report which focuses largely on the Trump administration’s outlook for financial innovation.