CPBJ - Banking and Finance http://www.cpbj.com/section/banking_finance Banking and Finance News Banking and Finance en-us Copyright 2014 Central Penn Business Journal Thu, 18 Sep 2014 11:57:33 EST Thu, 18 Sep 2014 11:57:33 EST http://www.cpbj.com/article/20140917/CPBJ01/140919750&source=RSS Investigation finds no illegal actions by former SERS investment chief Clark An independent investigation has found no illegal action on the part of former Pennsylvania State Employees' Retirement System Chief Investment Officer Anthony Clark. Wed, 17 Sep 2014 14:12:00 EST http://www.cpbj.com/article/20140917/CPBJ01/140919750&source=RSS http://www.cpbj.com/article/20140915/CPBJ01/140919849&source=RSS Fitch affirms Pa's 2.3 billion unemployment bonds at AA outlook stable Fitch Ratings affirmed the AA long-term rating on the Pennsylvania Economic Development Financing Authority's unemployment compensation revenue bonds series 2012A, 2012B, and 2012C. Mon, 15 Sep 2014 08:34:00 EST http://www.cpbj.com/article/20140915/CPBJ01/140919849&source=RSS http://www.cpbj.com/article/20140912/BLOGEXTRA/140919887&source=RSS Please don't ditch the quarterly reports Community banks are like the little brother who was outside playing when his two older brothers broke their mom's antique vase during a shoving match. Fri, 12 Sep 2014 10:04:00 EST http://www.cpbj.com/article/20140912/BLOGEXTRA/140919887&source=RSS http://www.cpbj.com/article/20140912/CPBJ01/140919899&source=RSS Fulton Financial gets Fed cease and desist order it had been waiting for Fulton Financial Corp. knew it was coming, and this week, it came. Fri, 12 Sep 2014 08:58:00 EST http://www.cpbj.com/article/20140912/CPBJ01/140919899&source=RSS http://www.cpbj.com/article/20140912/CPBJ01/140919861&source=RSS Newsmakers Banking and Finance Businesses featured this week Conte Wealth Advisors, Metro Bank Fri, 12 Sep 2014 16:16:00 EST http://www.cpbj.com/article/20140912/CPBJ01/140919861&source=RSS http://www.cpbj.com/article/20140912/CPBJ01/140919883&source=RSS In brief National Penn gets regulatory approval for merger Allentown-based National Penn Bancshares Inc. announced it has received all necessary government approvals for its planned acquisition of TF Financial Corp. of Newtown. Fri, 12 Sep 2014 10:13:00 EST http://www.cpbj.com/article/20140912/CPBJ01/140919883&source=RSS http://www.cpbj.com/article/20140912/CPBJ01/140919901&source=RSS Wilmington Trust must pay 18.5 million SEC fine Wilmington Trust Co. , a division of MT Bank Corp. with an office in Harrisburg, has agreed to pay an 18. 5 million fine to the Securities and Exchange Commission for under-reporting overdue loans. Fri, 12 Sep 2014 08:47:00 EST http://www.cpbj.com/article/20140912/CPBJ01/140919901&source=RSS http://www.cpbj.com/article/20140912/CPBJ01/309119991&source=RSS New unreimbursed expenses policy needs further review, better guidelines This past spring, the Pennsylvania Department of Revenue embarked on a new program, on the recommendation of an outside consultant, to ferret out what it considered to be potential tax evaders. Thu, 11 Sep 2014 13:00:00 EST http://www.cpbj.com/article/20140912/CPBJ01/309119991&source=RSS http://www.cpbj.com/article/20140911/CPBJ01/140919934&source=RSS York County home sales dip in August, up for the year York County home sales involving an agent declined slightly in August, but the residential market remains up for the year, according to the Realtors Association of York Adams Counties. Thu, 11 Sep 2014 09:30:00 EST http://www.cpbj.com/article/20140911/CPBJ01/140919934&source=RSS http://www.cpbj.com/article/20140905/CPBJ01/309059997&source=RSS Accounting industry facing heavy merger activity If the ParenteBeard merger with Baker Tilly goes through, it won't be the last time you hear about accounting firms merging this year. Fri, 05 Sep 2014 11:15:00 EST http://www.cpbj.com/article/20140905/CPBJ01/309059997&source=RSS http://www.cpbj.com/article/20140908/CPBJ01/140909818&source=RSS National Penn Bancshares starts 100M debt offering National Penn Bancshares Inc. announced Monday it will start a public offering of 100 million of its unsecured fixed-rate senior notes with an eye on current and future acquisitions. Mon, 08 Sep 2014 11:00:00 EST http://www.cpbj.com/article/20140908/CPBJ01/140909818&source=RSS http://www.cpbj.com/article/20140905/CPBJ01/140909869&source=RSS ParenteBeard merger likely won't affect midstate operations Baker Tilly Virchow Krause LLP doesn't plan on closing any of the ParenteBeard LLC offices after the two companies announced a merger this week that takes effect Oct. 1. Fri, 05 Sep 2014 09:50:00 EST http://www.cpbj.com/article/20140905/CPBJ01/140909869&source=RSS http://www.cpbj.com/article/20140905/CPBJ01/140909846&source=RSS Susquehanna to break ground on new location in new development The newest Susquehanna Bank location will break ground next week in a highly anticipated new retail development location in Cumberland County. Fri, 05 Sep 2014 13:25:00 EST http://www.cpbj.com/article/20140905/CPBJ01/140909846&source=RSS http://www.cpbj.com/article/20140905/CPBJ01/140909857&source=RSS Newsmakers Banking and Finance Businesses featured this week Ephrata National Bank, Jacqueline L. Powell Associates Inc. , Metro Bancorp Inc. , PeoplesBank Fri, 05 Sep 2014 11:22:00 EST http://www.cpbj.com/article/20140905/CPBJ01/140909857&source=RSS http://www.cpbj.com/article/20140905/CPBJ01/140909858&source=RSS MT survey Pennsylvania firms expect to ramp up hiring of full-time workers Economic growth appears to be on the right track in Pennsylvania, according to the third-quarter economic outlook survey from Buffalo, N. Y. -based MT Bank Corp. 's commercial banking division. Fri, 05 Sep 2014 11:19:00 EST http://www.cpbj.com/article/20140905/CPBJ01/140909858&source=RSS