Jacob Passy is a reporter with National Mortgage News, covering breaking news in the residential mortgage industry. Passy has been with SourceMedia since 2015 and previously served as a breaking news reporter for American Banker. His work has appeared in numerous publications including CNBC, NBC News and the Wall Street Journal's Speakeasy blog. He is a graduate of the CUNY Graduate School of Journalism and Tufts University.
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Banks stocks fell further than the overall market yet again Thursday, as concerns about negative interest rates, the energy sector and other matters showed no signs of abating.
By Jacob PassyFebruary 11 -
U.S. Bancorp has hired John Steward as president of its retail payments solutions division.
By Jacob PassyFebruary 11 -
U.S. Bancorp has hired John Steward as president of its retail payments solutions division.
By Jacob PassyFebruary 11 -
Hawaii Central Federal Credit Union and The Queen's Federal Credit Union, both based in Honolulu, have merged.
By Jacob PassyFebruary 11 -
- Alabama
Standard & Poor's Ratings Services is warning banks with high levels of exposure to the energy industry to think twice before ramping up their lending in other sectors.
By Jacob PassyFebruary 10 -
The Bancorp in Wilmington, Del., named Sepideh Behram to the role of chief compliance officer.
By Jacob PassyFebruary 10 -
The Bancorp in Wilmington, Del., named Sepideh Behram to the role of chief compliance officer. Her hiring comes as the $4.8 billion-asset company works to shore up its risk and compliance management.
By Jacob PassyFebruary 10 -