article thumbnail

How to Offset an Evaporating Data Center

Gonzobanker

Attracting and keeping technology talent at a regionally based financial institution is a constant struggle. Industry-specific tech talent is consolidating and migrating to programmer and megabank community hotspots in San Jose, Seattle, San Francisco, Boston, Raleigh, Charlotte, Atlanta and Phoenix. Tech Talent Famine.

Data 62
article thumbnail

2021 GonzoBanker Awards

Gonzobanker

We know the customer buying and use of financial services is being fundamentally changed by fintech, but our long-term strategies to invest/partner/buy/compete are very much works in progress. From nowhere, sizable regional players are being created. Performance and multiples continue to be solid, outperforming most regional banks.

Fintech 143
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Acquisition, Loss-Share Termination Cut Into First Citizens' Profit

American Banker

First Citizens BancShares reported a sharp decline in quarterly profit that largely reflected merger-related costs and the Raleigh, N.C., company's exit from loss-sharing agreements.

Raleigh 28
article thumbnail

First Citizens in N.C. Terminates Five Loss-Share Agreements

American Banker

First Citizens BancShares in Raleigh, N.C., has terminated five of its nine loss-share agreements with the Federal Deposit Insurance Corp.

Raleigh 30
article thumbnail

First Citizens in N.C. Posts Higher Profit on One-Time Gains

American Banker

First Citizens BancShares in Raleigh, N.C., reported higher quarterly profit that reflected a couple of one-time gains.

Raleigh 28