Carter Bank completes the purchase of two First Reliance Bank branches in North Carolina
Carter Bankshares, Inc. (Nasdaq: CARE), the holding company for Carter Bank (the “Bank”), has announced the completion of the previously announced Purchase and Assumption for the deposits associated with two branches […]
5 policies that could make future bank failures less likely or severe
Brian Gendreau, University of Florida (THE CONVERSATION) The abrupt failures of Silicon Valley Bank and Signature Bank and subsequent concerns about the stability of other banks have reignited a fierce […]
GOP lawmakers accuse Fed of being lax before bank failure
WASHINGTON (AP) — Republican lawmakers accused top bank regulators Wednesday of dawdling as Silicon Valley Bank hurtled toward the second-largest bank failure in U.S. history and questioned whether tougher regulations […]
Fed official: Bank rules under review in wake of SVB failure
WASHINGTON (AP) — The Federal Reserve’s bank supervisors warned Silicon Valley Bank’s management as early as the fall of 2021 of risks stemming from its unusual business model, a top […]
Fed official: SVB itself was main cause of bank’s failure
WASHINGTON (AP) — The nation’s top financial regulator is asserting that Silicon Valley Bank’s own management was largely to blame for the bank’s failure earlier this month and says the […]
Deal to buy Silicon Valley Bank calms bank fears, for now
NEW YORK (AP) — First Citizens Bank is buying much of Silicon Valley Bank, the tech-focused financial institution whose failure this month set off a chain reaction that helped rattle […]
Fed’s unwanted ally in bid to tame inflation: Credit crunch
WASHINGTON (AP) — The Federal Reserve is getting some unwanted help in its drive to slow the U.S. economy and defeat the worst bout of inflation in four decades: a […]
EU leaders play down bank risks as economy weakens
BRUSSELS (AP) — European Union leaders Friday played down the risk of a banking crisis developing from recent global financial turbulence and hitting the economy even harder than the energy […]
Americans’ faith in banks low after failures: AP-NORC poll
By PAUL WISEMAN and HANNAH FINGERHUT Associated Press WASHINGTON (AP) — Only 10% of U.S. adults say they have high confidence in the nation’s banks and other financial institutions, a […]
Former First Union CEO Cliff Cameron dies at age 96
CHARLOTTE, N.C. (AP) — Charles Clifford “Cliff” Cameron, credited with building Charlotte’s reputation as a banking hub before joining Gov. Jim Martin’s administration to help with budget matters, has died. […]
Court reinstates lawsuits alleging collusion by big banks
NEW YORK (AP) — Lawsuits against 16 of the world’s largest banks alleging they colluded to manipulate the primary benchmark for global short-term interest rates have been reinstated by a […]
Regulators: 5 big banks get failing grades for crisis plans
WASHINGTON (AP) — Federal regulators say that five of the biggest banks in the U.S. have inadequate plans for unwinding operations in case of failure, potentially leaving them unable to […]
Latest News
- PlayNation to Bring Purpose-Driven Indoor Playground to Eastway Crossing
- Construction Jobs Increase In 33 States And D.C. Between March 2025 And March 2026
- Beechwood’s Lakeside Pointe near Charlotte named community of the year
- ATTOM Analysis Finds Spring Remains The Prime Window For Home Sellers
- The Carson Debuts in Charlotte’s West Morehead Corridor, Introducing a New Era of Connected Living
- Wellness Concepts PVOLVE and OM Spa Now Open at Seventeen Hundred on East, Expanding Charlotte’s First Wellness-Focused Residential Community
- Moving Stress Statistics & How Homebuyers Can Avoid Costly Surprises
- Foreclosure activity rises nationwide with Florida and South Carolina among hardest hit states
- The McMansion era is over: How American homes have changed in 20 years
- Construction Jobs Increase In 30 States And D.C. Between February 2025 And February 2026
- Construction jobs rise in 38 states including North Carolina and Texas
- ATTOM reports home flipping profits lowest since great recession
Features
- Thomas & Hutton Grows Charlotte Team With Two New Project Engineers
- City of Charlotte Introduces New Deputy City Manager and New Director of Housing & Neighborhood Services
- JLL strengthens Charlotte capabilities with top Agency Leasing team hire from Foundry Commercial
- Thomas & Hutton Grows Charlotte Team With Two New Team Members
- Nick Schirato Joins Thomas & Hutton As An Environmental Designer In Charlotte
- Foundry Taps Alex Olofson to Lead Capital Markets Growth in Charlotte
- Tony Lathrop Strengthens Parker Poe’s Infrastructure, Transportation & Public Policy Services
- MVA Expands Economic Development & Incentives Group, Appoints Beth Buckner as Head
- Thomas & Hutton Announces Kaylee Neal’s Professional Engineer Licensure In North Carolina
- Thomas & Hutton Announces Sixth-Generation Leadership Transition as Firm Enters 80th Year
- Movement Mortgage welcomes Justin Caplan as East Coast Growth Director
- Ki McCaskill Joins Thomas & Hutton As Survey Technician In Charlotte