When two tech-linked U.S. banks failed this month, among the investors who lost millions were public-sector pension funds responsible for ensuring the retirements of teachers, firefighters and other government workers. read more >
It seemed like a good idea at the time: Red-state Democrats facing grim reelection prospects would join forces with Republicans to slash bank regulations — demonstrating a willingness to work with President Donald Trump while bucking many in their party. read more >
Only 10% of U.S. adults say they have high confidence in the nation's banks and other financial institutions, a new poll finds. That's down from the 22% who said they had high confidence in 2020. read more >
The White House is desperate to avoid any perception that average Americans are "bailing out" the two banks in a way similar to the highly unpopular bailouts of the biggest financial firms during the 2008 financial crisis. read more >
Most Fed watchers expect the central bank to announce on Wednesday afternoon a relatively modest quarter-point hike in its benchmark rate. read more >
Yellen, in her prepared remarks, says the government's intervention was necessary to "protect the broader banking system" and more rescue efforts could be necessary. read more >
Nearly half the money — $143 billion — went to holding companies for two major banks that failed over the past week, Silicon Valley Bank and Signature Bank. read more >
Now the consequences of the fall of Silicon Valley Bank, along with New York-based Signature Bank, which failed over the weekend, are complicating the Fed's upcoming decisions about how high to raise its benchmark interest rate. read more >
President Joe Biden insists that the nation’s banking system is safe, seeking to project calm after the collapse of two banks stirred fears of a broader upheaval. read more >
The fintech company, which helped simplify the PPP loan forgiveness process during the pandemic, has its sights on new projects. read more >
Signature Bank of Arkansas is adding to its Latino- and Hispanic-focused bank offerings a year after opening its first Banco Sí location in downtown Rogers last summer. read more >
Matthews will serve as the strategic leader in merchandising for the company’s partner brands. read more >
Expansion expenses hit income, but they also contributed to double-digit percentage gains in loans and deposits. read more >
He will lead Signature Bank’s multicultural banking division, Banco Sí, which is set to open later this summer in downtown Rogers. read more >
A historic building in downtown Rogers has been selected as the site. read more >
Carter is chief investment officer at Huffman & Co. of Little Rock. read more >
For Adam Arroyos, opening a Latino-focused bank in northwest Arkansas is more than just adding another bank branch. read more >
CEO Gary Head said the brick-and-mortar location is planned for Rogers. read more >
The complexes will add 345 units for low-income families that will be rented for rates nearly 50% below the current market. read more >
Fayetteville’s Signature Bank of Arkansas has made the Harrison market a party of 10. The $805 million-asset lender has opened for business in Suite 100 of the Durand Center at 303 N. Main St. read more >
