There may be one experience in business that is worse than going bankrupt: having a big customer go bankrupt.Read More »
Most of the Internet-only banks that started in the 1990s, like WingspanBank and NetBank, are either gone or have run into trouble.Read More »
Q: What is the best management advice youve heard?
A: An important mentor in my business life was Mr. William Kapp, past president of our company, who recently passed away. Mr. Kapp once told me that trust among your co-workers, clients, shareholders and regulators was of the utmost importance in this industry. Bill often said, Promise that which only you can deliver, and always deliver what you promise.Read More »
Community Banks Inc. will lower its previously released first-quarter earnings by about 31 percent to $6.6 million, or 28 cents per share.Read More »
The first lawsuit appeared on a Friday evening, after the stock market closed on a disastrous day for shareholders of Sterling Financial Corp. Another suit followed that night, May 25. More came after the weekend.Read More »
Gov. Ed Rendell has nominated Joel Scott Ario to become the state's next insurance commissioner.Read More »