Four months after taking the field, a statewide venture fund is taking its first shots. The so-called GO PA Fund has invested in two companies,
After closing more than 200 branches in 2023, PNC Bank said yesterday it is aiming to spend $1 billion over the next four years to renovate 1,200
Fulton Financial has named an interim CFO following the resignation last week of Mark McCollom, who had been the bank’s finance chief since 2018. What about
A bumpy financial road is prompting local banks to tap the brakes on lending. Why is this happening: A mix of factors are prompting banks
Lancaster-based nonprofit lender Community First Fund has filled a pair of C-suite roles. Elizabeth Bennett has been named the lender’s CFO, while Ed Gallagher has been named
A pair of longstanding local banks are coming together in a merger valued at $207 million. Under the all-stock deal, dubbed a merger of equals,
Thanks to a single deal, Linkbancorp went this year from doing business in one state to doing business in five. That deal was the bank’s merger this
State officials are directing federal funds toward venture capital firms they hope can jumpstart early-stage tech companies in Pennsylvania. What are the firms: BTVC is
Mid Penn Bank is firing back at claims it did not adequately protect a nonprofit from fraud. How did this start: The center, which provides services
A federal court has approved a settlement in a data-breach lawsuit brought against Fulton Bank. What’s the settlement: It allows victims to file claims seeking reimbursement
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