Banking
Silicon Valley Lender Opens Loan Office in Seattle to Target Areas Tech Companies
Bridge Bank plans to recruit top financial talent to ramp up market share
Bridge Bank, based in the Silicon Valley, is expanding its reach into the Seattle market by opening its first brick-and-mortar office in the city, with an eye on further growing its lending operations in the area, particularly in the technology sector. The new loan-production office, located at 855 S. King Street, will be headed by…
Final Analysis: The Wells Fargo Mess
If you rob a bank and get caught, you go to jail; if the bank robs you and gets caught, well, never mind.
We are all responsible for maintaining the highest possible ethical standards in how we conduct our business and serve customers. After all, our culture is centered on relationships, and those relationships are built on trust. Our customers have high expectations of us, and we have even higher expectations of ourselves. These are the words of…
Reinventing the Internship Rules for a 21st Century Workforce
sponsored by Bank of America When Pearl Woo walked into the Washington State Low Income Housing Alliances annual meeting last summer, she felt a jolt of excitement at seeing so many nonprofit leaders together in one place. As a new intern, this was her first time attending a meeting of this caliber. She left feeling…
Publisher’s Series: On Manufacturing
A conversation with Curt Fraser of Chase Commercial Banking.
Seattle Business Associate Publisher Michael Romoser interviews Curt Fraser of Chase Commercial Banking about Washingtons vibrant advanced manufacturing sector, a culture of innovation married with advanced manufacturing techniques, living-wage jobs that sustain community, and overcoming the skills gap through programs like New Skills at Work, Challenge Seattle and the Seattle Regional Partnership. Click to watch…
Virgin on Business: Too Big to Derail?
Banking has certainly changed, but it has managed to avoid the disruption that upended other industries.
Lets do a quick review of the list of service businesses that have been disrupted by the internet. Retailing? Thoroughly. Communications? No doubt. Media? We could tell you stories. Travel and tourism? They could tell you stories as well about how customers get information and book their own travel arrangements these days. Banking? Hmm, theres…
Talking Points: Robert Peters Washington state president, Bank of America
Bob Peters took over the Washington operations of Bank of America in 2009, just as the bank faced a subprime mortgage crisis tied to its acquisition of troubled Countrywide Financial. Now, Peters is leading a drive to get the bank, which built its dominant local presence through the acquisition of Seafirst Bank in 1983, to…
HomeStreet Bank’s Second Wind
Some Washington banks made it through the recession in good shape. Some didnt make it at all, having been taken over by regulators or forced into mergers at distress sale prices. Then there were those institutions that had some nervous moments, with red ink appearing on the income statement, uncomfortably large portfolios of problem loans…