Five Star Bank is a state chartered bank based in Warsaw, New York founded in 1881. Five State Bank offers a wide range of consumer and commercial banking services to individuals, municipalities and businesses including mortgages, auto loans, personal loans, credit cards, merchant services, commercial loans and lines of credit, private banking, trust and estate services, retirement and investment services, insurance services and other services for customers Five Star Bank serves customers with more than 50 branches and offices in Western and Central New York State.
National Center for Public Policy Research proposes BTC treasury to Amazon
The National Center for Public Policy Research — a Washington DC-based think tank championing free markets — submitted a shareholder proposal to Amazon saying that a Bitcoin corporate treasury strateg...
Private Markets: How Will Private Credit Respond To Declining Yields?
Recent and upcoming rate cuts will provide relief for private credit borrowers through lower funding costs in 2025, even as many have already benefitted from repricing and improving financing conditio...
Asia Economy India’s central bank revises down economic growth forecast for 2025, keeps interest rate steady
India’s central bank expectedly kept the benchmark interest rate unchanged at 6.50% on Friday as it struggles to contain rising inflation without hurting growth in Asia’s third-largest economy.
The ce...
Most global public funds plan to increase infrastructure allocations — OMFIF report
The majority of public pension funds and sovereign wealth funds (58%) expect to increase their infrastructure allocations over the next 12 to 24 months, according to the OMFIF’s Global Public Funds 20...
South Korea’s central bank cuts key interest rate to nurse a slower economy
South Korea’s central bank lowered its key policy rate for a second straight month and said the country’s economy will grow at a slower pace than it initially anticipated. Following a policy meeting, ...
The ultra-rich run family offices, hire wealth managers and hold stakes in private investment funds. For those who are well-off but hardly jetsetters, however, portfolios look much more mundane. Typic...
Bank Leaders Expect Merger Activity to Accelerate in 2025
Nearly half of bank leaders believe their institutions will buy another bank in 2025, suggesting a potential uptick in merger activity in the coming year, according to a new survey on M&A by Bank Dire...
Bank of England Seeks Ability to Lend to Non-Bank Financial Institutions
The Bank of England aims to develop the ability to lend to non-bank financial institutions (NBFIs). It is doing so to address potential liquidity challenges in core financial markets that could threat...
BlackRock has deal to buy private credit manager HPS, FT reports
BlackRock has a handshake deal to buy private credit group HPS Investment Partners, the Financial Times reported on Wednesday. The final deal value would be closer to $12 billion, which offers a signi...
US Bitcoin reserve during Trump presidency could pump BTC to $1M
A Bitcoin-related bill is gaining support in the United States, signaling a potential boost for the cryptocurrency’s value, which could hit $1 million. Former President Donald Trump’s victory in the 2...