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Growing a new branch

Independent Banker

Ted Whitehurst, Providence Bank president and CEO, led the charge to open a new brick-and-mortar location of the Raleigh, N.C., Providence Bank chose to open a new brick-and-mortar site during the pandemic, when many other businesses were ceasing operations or shutting down altogether. Location: Raleigh, N.C. By Ed Avis.

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Abrigo CEO Wayne Roberts announces retirement

Abrigo

He built a strong leadership team and an employee base that has been recognized consistently as one of the best places to work in Austin, Texas, and Raleigh, N.C., Roberts has led Abrigo through a tremendous growth period as well as through the pandemic and the related transition to a largely remote work environment.

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IBM Finalizes Red Hat Acquisition

PYMNTS

Jim Whitehurst, the CEO of Red Hat , along with his management team, will reportedly stay in place. Whitehurst will also become part of the senior management team at IBM and will report to Ginni Rometty. It was also noted that IBM will keep Red Hat’s Raleigh, North Carolina headquarters along with its brands, facilities and practices.

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Banking's Top 5 Total Return to Shareholders: 2023 Edition

Jeff For Banks

Although one might argue that First Citizens BancShares of Raleigh is a SIFI as it climbed to the 19th largest in the country with its Silicon Valley Bridge Bank acquisition from the FDIC, and that the FDIC designated SVB as systemically important. The first bank to crack the Top 5 over $50 billion did so in 2020. Congratulations! #5

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Amazon Expands Amazon Home Services To Twenty New Metro Areas

PYMNTS

In a press release , the eCommerce giant said the new cities include Indianapolis, IN; Las Vegas, NV; San Antonio, TX; Ann Arbor, MI; Cleveland, OH; Milwaukee, WI; Boulder, CO; Raleigh, NC; Trenton, NJ; and more. Local service providers opt in based on where they operate and the services they offer.

Metro 100
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Data Enabler Startup ItsOn Brings Wireless Carriers Into The 21st Century

PYMNTS

It’s doing that through next-level customer service and a cloud solution that lets wireless users get real-time, contextual notifications; see usage information; and manage or purchase plans with just a few taps. As such, we both operate and strive to be just as innovative and agile as any other more established technology company.

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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

For example, as reported by Forbes, auditor Grant Thornton wrote that “management believes” it can meet its financial obligations through February 2021. Miami is Carvana’s 24th car vending machine location to date — joining Nashville, San Antonio, Houston, Austin, Dallas, Raleigh, Jacksonville, Tampa, Charlotte, Washington, D.C.,

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