CALABASAS, Calif. - (04/27/06) Digital Insight Corp. reportedWednesday a 9% rise in first quarter earnings to $6.2 million, or17 cents a share, compared to the first quarter last year. Firstquarter earnings included stock-based compensation expenses underFAS 123 for the first time. First quarter revenues rose 12% to$57.9 million, compared to the same period last year.
A team of ex-First Republic private bankers hopes to serve entrepreneurs who once worked with Silicon Valley Bank.
The National Credit Union Administration, operating with just one board member, has liquidated two credit unions that were recently put into conservatorship. The failures are the first credit union failures since Democrats on the board were fired, leaving Republican Chair Kyle Hauptman.
In a joint letter signed by over 50 bank trade groups, leaders in the banking industry urged regulators to revise bank regulatory thresholds upward to keep up with inflation.
Dime Community Bancshares, which has added dozens of bankers over the past two years, is now ready to consider expanding its geography.
The conviction of a fraud ring mastermind highlights growing risks in home equity lines of credit as equity-rich borrowers become prime targets.
The Senate passed President Trump's tax and spending bill Tuesday, but questions around Consumer Financial Protection Bureau funding, 1071 delay and remittance taxes remain as GOP leaders scramble to pass the bill out of the House before Trump's July 4 deadline.
