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In 1860, one year after oil was discovered in Pennsylvania, John D. Rockefeller invested $700—his life savings—in the oil business.
Mortgage banking has become an increasingly untenable line of business for a number of banks.
In the book, "Bad Blood: Secrets and Lies in a Silicon Valley Startup," author John Carreyrou recounts the epic rise and fall of Theranos, a firm that once promised to revolutionize the health care industry.
There is one core competitive dynamic in the industry that technology could transform, if not eliminate entirely: switching costs.
People in the banking industry talk about core deposits all the time, yet there is no formal definition of the term.
A few weeks ago, I interviewed executives from Washington Federal, the biggest bank based in Washington and one of the top-performing bank stocks of all time.
Jamie Dimon knows a thing or two about leadership. And personal trials.
When Apple and Goldman Sachs Group announced the Apple Card, it caused a lot of buzz—along with shrugs from some in the banking industry.
After a brief period of uncertainty, the timeline for implementing the current expected credit loss model, or CECL, is back on track.
Washington Federal and FirstBank Holding Co. are, in many respects, mirror images of each other.
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