De novo no more: Central Ohio bank hires president, grows SBA team as startup period ends

Crypto assets have "very weak fundamentals and are "subject to a lot of volatility," ECB VP Luis de Guindos told Bloomberg on Wednesday. European Central Bank Vice President Lui.....»»

While the central bank acknowledges the advantages of CBDCs, the Fed's Eric Rosengren.....»»

Dallas Fed President Robert Kaplan on Tuesday pushed for the Fed to start to discuss tapering its $120 billion per month in asset purchases.....»»

A new bank has not successfully launched in Arizona since 2007, but a new 21-person team recently announced plans to launch a de novo bank in Phoenix......»»

The ECB's main interest rate will stay at -0.5%, while the coronavirus bond-buying package will stay at 1.85 trillion euros ($2.23 trillion). Christine Lagarde is the president of the European Central Bank. Olivier Matthys/Pool via Reuters The .....»»

Turkey’s newly appointed central bank governor sought to reassure markets on Sunday as investors braced for turmoil following the abrupt firing of his predecessor by President Recep Tayyip Erdogan......»»

St. Louis Fed President James Bullard downplays fears that the U.S. central bank could be headed to another policy mistake on a scale of the high inflation surge of the late 1970s......»»

European Central Bank President Chr.....»»

Gold futures trade higher on Thursday and head for a fifth straight session gain, as the prospect of protracted period of accommodative central bank policy has emboldened bullion bulls......»»

A Pennsylvania bank is adding 50 jobs in Columbus as its holding company shifts its base to Central Ohio......»»

The former president of the European Central Bank was invited on Wednesday by Italian President Sergio Mattarella to form a new government......»»

Boom Supersonic announced Thursday two executives with Seattle ties have joined its ranks. The Denver-based aerospace startup that's valued at more than $1 billion brought on Kathy Savitt as president and chief commercial officer, and Joe Massa.....»»

Rick Bagy, who has led Central Bank of St. Louis for 30 years, is stepping down as president and has been succeeded by a 30-year veteran of the company......»»

Bold Penguin Inc., a technology startup that's one of Central Ohio's fastest-growing private companies, has been acquired by a familiar name in insurance......»»

The bank's newest vice president joined the North Dakota-based financial services company after most recently working for Phoenix-based U-Haul International......»»

Wells Fargo & Co. said Wednesday that it hired Nate Hurst from HP Inc. as president of the Wells Fargo Foundation, effective June 1. Hurst, who will be based in Washington, D.C., will oversee a new organization within the bank that combines its ph.....»»

The head of the Federal Reserve warned on Wednesday of an "extended period" of weak economic growth, vowed to use the U.S. central bank's power as needed, and called for additional fiscal spending to stem the fallout from the coronavirus pandemic......»»

President Donald Trump on Tuesday again pushed the Federal Reserve to adopt negative interest rates, even as several members of the U.S. central bank have said they do not see a need for rates - now near zero - to move into negative territory......»»

Insolvent or overly leveraged firms, including oil drillers and oil services firms, won't be able to tap the U.S. central bank's "Main Street" emergency lending program, Dallas Federal Reserve President Robert Kaplan said on Wednesday......»»

Westerville-based Otterbein University tentatively plans to reopen this fall. But President John Comerford knows it won't be like last fall......»»