Under the agreement, City National Bank acquired Town Square Bank. City National Bank has been delivering innovative, superior financial solutions for 60 years, proudly serving consumers and businesses in more than 90 locations across West Virginia, Kentucky, Virginia and Ohio. City is a strong, full-service bank with a variety of checking and savings products, competitive mortgages, home equity lines of credit, low-rate loans and wealth management services. City’s business banking services meet the needs of commercial customers both large and small, with free business checking, a variety of commercial lending options and cash management services.
China keeps benchmark lending rates unchanged as it contends with a weakening yuan
The People’s Bank of China held the 1-year loan prime rate at 3.1%, and the 5-year LPR at 3.6%, according to the PBOC statement. The PBOC has ramped up measures lately to avoid a sharp fall in the cur...
Fed officials are raising concerns about the impact Trump’s tariffs could have on inflation
In recent days, multiple central bank policymakers not only have noted the uncertainty surrounding tariffs, they also have highlighted the potential impact on inflation. Chicago Fed President Austan G...
President Joe Biden said he believes his administration has done a “pretty damn good job” working to resolve the banking crisis and said he thinks it will “take a little while for things to just calm ...