FORT WORTH, Texas - (09/12/05) - Several employees of State NationalCompanies here have taken evacuees from Hurricane Katrina intotheir homes. "Our shelters are overflowing with people who have noreal solutions for support," said VP Trace Ledbetter. "We willcontinue to do whatever we can." In just one day, the company'semployees donated more than $5,500 in cash and goods, includingclothes, baby food, wipes, diapers and more, which was in turngiven to Mission Arlington to meet immediate needs. Separately,management offered to match the employees' donations, bringing theone day total to over $11,000. Some funds have also gone to theSalvation Army.
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U.S. Attorney for the District of Columbia Jeanine Pirro said in a social media post Friday morning that the Justice Department is closing its investigation into Federal Reserve Chair Jerome Powell, clearing a path for Kevin Warsh to be confirmed as Powell's replacement.
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Only 16% of 206 banking pros rated their institution "high" or "very high" — and most of those ratings rest on no formal measurement.
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A proposed update to Basel III capital rules from federal banking regulators does not specifically include mortgage insurance as a factor in determining the risk weight for a mortgage loan held on a bank's balance sheet. Industry experts say it should.
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The Dallas bank continues to advance a multiyear transformation strategy. On Thursday it laid out plans to expand its newly revamped private banking and family office business.
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The Mortgage Bankers Association is recommending the option for Fannie Mae and Freddie Mac borrowers with strong credit with a tri-merge for others. Here's why.
April 23 -
Three months after the merger of equals between Pinnacle Financial Partners and Synovus Financial was completed, the company reported strong hiring trends. Executives say hiring success is key to the bank's growth strategy.
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