Pennsylvania State

Financial Regulation News

A new report from S&P Global Market Intelligence projects that community bank earnings will decline 12 percent this year before rebounding in 2025 and 2026.© Shutterstock S&P’s 2024 U.S. Community Bank Market Report said that higher for longer interest rates have put pressure on community banks’ net interest margins and change the funding profile of […]
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S&P report projects decline in earnings for community banks in 2024

New Jersey State

DELCO.Today

J.G. Petrucci Company, Inc. hosted its annual Leadership Awards Dinner on May 9, where Anthony DeSenzo received the Banker of the Year Award. J.G. Petrucci Company, Inc. (JGPCO), one of the New Jersey and Pennsylvania region’s most respected development and design/build organizations, hosted its annual Leadership Awards Dinner on May 9.

First Bank FSVP/Market Executive Anthony DeSenzo Receives Banker of the Year Award

PYMNTS

Bank of Montreal is reportedly leading a group of underwriters launching a $2.55 billion loan to back the previously announced acquisition of Canadian payments processor Nuvei. The loan will have a seven-year term and will help fund the $6.3 billion leveraged buyout led by Advent International, management, Novacap and CDPQ,...

Report: Bank of Montreal Leads $2.55 Billion Loan in Nuvei Deal

Getting your Trinity Audio player ready... German development bank KfW has announced the issuance of a €4 billion ($4.28 billion) digital bond barely two years after its first offering in 2022. The state-owned bank will lean on the Deutsche Borse D7 post-trade platform, Clearstream, for the second time. The...

Germany’s state-owned KfW bank issues $4B digital bond

GOBankingRates

For many people, investing is about capitalizing on the massive return potential of equities at a relative bargain. Investing for this goal requires foresight and timing. Invest: In 5 Years, These 2...

6 Stocks You Can Invest In for Under $50

The Motley Fool

Berkshire Hathaway should collect in the neighborhood of $6 billion in dividend income over the next 12 months. One stock will account for about a sixth of this total by itself.

Meet the Stock Generating More Than $1 Billion in Annual Dividend Income for Warren Buffett (Hint: It's Not Apple or Coca-Cola!)

South Carolina State

Bensalem Township, PA

TD Bank plans to close 20 more branches, including one in Bucks County, as part of a broader strategy to build the “bank of the future." TD Bank plans to close 20 more branches, including one in Bucks County, as part of a broader strategy to build the “bank of the future,” writes Jeff Blumenthal for the Philadelphia Business Journal.

TD Bank’s Bensalem Location Among 20 Branches Closing in 2024

Chester Springs, PA

Meet the mastermind behind the chocolate craze: Chester Springs' Conor Flanagan. Conor Flanagan is the senior brand manager of Hershey’s, the large Pennsylvania-based multinational chocolate company, writes staff for Jepson School of Leadership Studies. “When I tell people where I work, it often triggers smiles,” said Flanagan, who resides...

Chester Springs’ Conor Flanagan Knows How to Market Chocolatey Goodness

Newtown Square, PA

Tecca Newtown Square was on Wine Spectator Magazine's list this year for best restaurant wine experience. One of the world’s best places for wine is right here in Newtown Square, according to Wine Spectator Magazine, writes Max Bennett for Patch. The leading authority on wine named the Italian restaurant...

Newtown Square Restaurant Among World’s Best Wine Spots

Philadelphia, PA

Chester County, PA

Both Wawa and Sheetz hope to build their convenience stores at the same Phoenixville intersection, but neighbors aren't having it. Both Wawa and Sheetz aim to build their convenience stores at the same Phoenixville intersection, but neighbors aren’t having it as they raise concerns about what the builds would bring to their “suburban oasis,” writes Jesse Bunch for The Philadelphia Inquirer.

Nearby Chester County Neighbors Raise Concerns About Wawa and Sheetz Wrecking ‘Suburban Oasis’

Newark, NJ

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contributor

Morristown Minute

NEWARK, N.J. – Eight individuals associated with the "793 Bloods" street gang, a subset of the national Bloods gang, have been charged for their roles in a Newark-based drug trafficking organization, U.S. Attorney Philip R. Sellinger announced.

Eight '793 Bloods' Gang Members Charged in Newark Drug Network

Three time-tested businesses with well-defined competitive advantages are expected to deliver in a big way for their shareholders.

3 Stock-Split Stocks That Can Skyrocket Up to 130%, According to Select Wall Street Analysts

Chipotle's 50-for-1 stock split is a testament to the restaurant chain's success. Nvidia's fortune-building growth story is far from finished as AI flourishes. These elite enterprises could help you grow richer. Investors love stock splits. Although they don't change the fundamental value of a business -- they simply divide its...

The Best Stock-Split Stocks to Buy Right Now

Media, PA

Media and Ardmore offer a variety of restaurants options all within walking distance. Whether it’s weekend visits to neighborhood farmer’s markets, or a stroll down main street to your favorite restaurant, there are communities in Delaware County and nearby where you can walk to your favorite meal, writes Sandy Smith for Philadelphia Magazine.

Media’s Where To Be When You’re Ready to Walk to Your Next Meal

Markets Insider

"This removes a $20-$25 overhang on the stock in our opinion that has weighed on shares," the Wedbush analyst Dan Ives said.

Tesla stock soars after Elon Musk says his pay package is likely to be approved and BlackRock and Vanguard reportedly vote in favor

Pete Romano Jr., left and his father, Pete Romano Sr., with several bags of Herr's Romano's Original Stromboli-flavored chips. Romano’s Pizzeria in Essington, the Italian restaurant credited as the birthplace of the Stromboli, is hoping to convince fans to choose its Stromboli contribution as the winner of the Herr’s 2024 Flavored by Philly contest, writes Peg DeGrassa for the Daily Times.

Romano’s Stromboli in Essington Now Comes in Herr’s Chip Form

Savage Sister Recovery, which runs nine addiction recovery homes in Philadelphia, opted to shut down their operation at a Havertown home. An addiction rehabilitation house in a Havertown neighborhood has ceased operations after neighbors mounted a protest against a zoning request to expand the service from three residents to nine, writes Jesse Bunch for The Philadelphia Inquirer.

Savage Sisters Shut Down Havertown Recovery Home Amidst Pushback

Delaware State

Delaware County, PA

The Foundation for Delaware County welcomed 2 new members to its board of directors and reappointed several officers. The Foundation for Delaware County has elected two new board members, Kevin Dow and Donna Crilley Farrell, to the Foundation’s board of directors. Several officers were also reappointed to the board...

The Foundation for Delaware County Welcomes 2 New Board Members

New York City, NY

NEWARK, N.J. – Joshua Goltry, 30, of New York, admitted today to defrauding investors out of millions of dollars through a fraudulent investment scheme, U.S. Attorney Philip R. Sellinger announced. Goltry pleaded guilty to one count of securities fraud before U.S. District Judge Katharine S. Hayden in Newark federal court.

Fund Manager's Multimillion-Dollar Fraud Scheme

Maple Finance’s total-value locked (TVL) growth is accelerating after the launch of its retail-focused product, Syrup.fi. Maple’s TVL increased by 123% in the second quarter, hitting an all-time high of $230 million, according to Dune Analytics. The protocol’s quarterly revenue also jumped by 39%. Maple’s strong performance in June was capped off with the launch of Syrup.fi on June 25. The rest of the DeFi market increased by roughly 9% in the same time period, per DeFiLlama.

Maple Finance TVL More Than Doubles Leading Up to New Retail Arm

NewsBreak

First Resource Bancorp, Inc. Recognized as a Top Performing Bank Holding Company Under $2B in Assets

First Resource Bancorp, Inc. has been recognized by American Banker as one of the top-performing community banks under $2B in assets. First Resource Bancorp, Inc., the...

First Resource Bancorp, Inc. Recognized as a Top Performing Bank Holding Company Under $2B in Assets

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