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Wells Fargo Exec Sees the Most Loan Stress in Older Office Buildings
By Steve Gelsi Wells Fargo CFO Michael Santomassimo points out some bright spots along with loan problems in commercial real estate. A Wells Fargo & Co. executive said Tuesday the bank is seeing loa
FNB's EStore® Named Best Digital Initiative Nationally
F.N.B. Corporation (NYSE: FNB) announced today that eStore was named the Best Digital Initiative at the 2024 Banking Tech Awards USA. In its annual...
FNB's EStore Named Best Digital Initiative Nationally
PRESS RELEASEJune 10, 2024 - Pittsburgh, PA FNB's eStore Named Best Digital Initiative NationallyF.N.B. Corporation Recognized at Banking Tech Awards USAF.N
CRE-Heavy Regional Banks Put On Watch For Moody's Downgrade -- WSJ
By Gina Heeb Moodys put several regional banks on watch for credit rating downgrades, pointing to substantial concentrations of commercial real estate loans that are under pressure. -- First Merchan
Moody's Reviews Creditworthiness of Six Regional Banks Over Commercial Real Estate Loans
Moody's on Thursday placed the creditworthiness of six regional US banks under review for possible downgrades over their exposure to commercial real estate. Among the banks were First Merchants (FRME)
Fulton, First Merchants, Peapack-Gladstone, F.N.B. Ratings May Be Cut by Moody's