I’m Brian Gordon, tech reporter for The News & Observer, and this is Open Source, a weekly newsletter on business, labor and technology in North Carolina. On Monday, I drove into downtown Durham to ...
The First Citizens Bank building on Fayetteville Street in downtown Raleigh. The federal government is seeking a buyer for the collapsed Silicon Valley Bank, and a Triangle bank is reportedly ...
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It’s no secret that Memphis-based First Tennessee has a target on the Triangle. The bank has nearly doubled its market share in the region since acquiring Raleigh’s TrustAtlantic Bank last year. It’s ...
The trend of North Carolina community and regional banks selling to larger, out-of-state rivals continued Tuesday with Four Oaks Fincorp Inc. agreeing to be bought for $124 million in cash and stock ...
RESEARCH TRIANGLE PARK – Word of Silicon Valley Bank’s meltdown spread like wildfire through the Triangle’s startup community on Thursday with entrepreneurs scared about what to do with their money.
A new breed of ATMs that let bank customers to use their smartphones to obtain cash – and which also hold out the promise of enhanced security – are starting to crop up in the Triangle. Bank of ...
Companies and investors in the Triangle are feeling the effects of two back-to-back bank failures. Durham-based financial institution SJF Ventures managing director Dave Kirkpatrick said 10 of the 50 ...
A 2009 photo of the headquarters of the original Capital Bank on Glenwood Avenue in Raleigh. Harry Lynch N&O File photo The corporate parent of First Tennessee Bank has agreed to acquire ...
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