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Washington DC Economy
Area job growth increases slightly
Long Road Back
March 14, 2012
January was a record month for both Virginia and Maryland, because both states netted a reduction in their unemployment numbers. In addition to the...
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JP Morgan's announcement boost bank stocks
banking
March 14, 2012
JP Morgan Chase (NYSE:JPM) made the last hour of trading even hotter with the bank's dividend and buyback announcement. TheFederal...
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FDIC reports improvement as Greece remains economic menance
banking
March 5, 2012
Only one smallGeorgia bankwas closed by regulators on Friday bringing the total ofbank failuresto 12 for 2012 in comparison to 23 at this time in...
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Inside Banking: DC Banks earnings, FHFA, and shareholder payments
banking
March 2, 2012
The health of thebanking industryis at the forefrontin the consideration ofa sustainableeconomic recovery. In addition, the health of the...
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PNC expansion south brings end to RBC Centura era
banking
February 24, 2012
DC banking consumers take notice as PNC Bank is poised to expand the bank’s footprint south to Florida and Birmingham, Alabama. PNC’s...
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Gray's State of the District set for Tuesday
Mayor Vincent Gray
February 6, 2012
The District's lower crime rate, increase in economic development, and city's school system is believed to be the topic of conversation for...
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ABA states concerns over Obama's mortgage relief program
banking
February 2, 2012
President Obamadid use the State of the Union to outline his administration's proposal to provide homeowners with privately held mortgages not...
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Weiss Ratings of DC area banking institutions
banking
February 2, 2012
Banks are starting to lend money to consumers andsmall businessesas fourth quarter 2011 show regional banks showing strong loan growth. In the DC...
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Loan growth pushes up profits at SunTrust & BB&T
banking
January 20, 2012
Two supra-regional banks in theDCmarket did release fourth quarter earnings.SunTrustand BB&T both did report stronger profits in the fourth...
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Earnings: Bank of America, Wells Fargo surges, Citigroup & M&T see declines
banking
January 19, 2012
Bank earnings are mixed among some ofDC'slargest players in the market. The surprise earnings are from two of the big four national bank...
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