Reposition
VCC was established in 2006 by a group of bipartisan Virginia legislators. Seeded with a $15 million state-backed seed loan, banks mission was to create a business model to attract resources of national, state, and local social investors to make a difference in underserved markets around Virginia. Since banks founding – growing and partnering with others along the way – they have turned this original investment into more than $900 million in statewide impact.
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...
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 ...
