Financial institutions

Good old-fashioned commercial credit analysts are a dying breed, David Nicholson says. Community banks need them to stay competitive in C&I, but training courses have been cut back. So he’s on a mission to teach as many students as he can.

The Chicago-based Hutchinson, Shockey, Erley & Co. focuses exclusively on municipal securities.

The proposed Piermont Bank would be based in Midtown Manhattan. It is the second de novo being planned in New York.

They are disinclined to talk about it much yet, but the big three trust banks as well as JPMorgan and Goldman are said to be mulling custody services that would help shield wealthy bitcoin investors from theft. Here are the selling points and the risks.

The central bank’s dividend waiver rule has severely limited the formation of mutual holding companies.

JPMorgan Chase, SunTrust and PNC are pressuring outside counsel to get more women and minority lawyers to represent them in court even at the risk of alienating the big, traditional law firms that they have done business with for years.

Bank organizers are picking one another's brains about hiring decisions, applications and raising capital as part of the monthslong effort to secure charters.

Year to date through Mar. 31, 2018. Dollars in thousands.

Full-time equivalent, as of Mar. 31, 2018. Dollars in thousands.

Year to date through Mar. 31, 2018. Dollars in thousands.