Reposition
With more than $2.4 billion in assets, Orrstown Bank is a state-chartered bank and wholly-owned subsidiary of Orrstown Financial Services, Inc., based in Shippensburg, Pennsylvania founded in 1919. Orrstown Bank provides personal and business banking services including personal loans, mortgages, auto loans, business loans and financing, merchant services, credit cards, wealth management services, and other banking services. Orrstown Bank provides banking and financial services throughout Pennsylvania and Maryland.
The Bank of Korea noted a “significant acceleration in housing prices in Seoul.” The central bank is, however, expected to cut rates in its next policy meeting as measures to cool the housing market i...
Robinhood's tokens offering exposure to OpenAI are not actual equity but are backed by a special purpose vehicle. OpenAI has stated that any transfer of equity requires their approval, which has not b...
China’s producer prices plunged 3.6% in June from a year earlier, marking its largest decline since July 2023. The consumer price index edged 0.1% higher in June from a year ago, beating the estimates...
BlackRock announced it’s completed the acquisition of HPS Investment Partners (HPS), a global, credit-focused alternative investment firm. Financial details were not disclosed in the release. Private ...
The regulator closed Aldersgate Federal Credit Union and Butler Heritage FCU; Aldersgate was placed in conservatorship last month after operating in an “unsafe and unsound manner.” The National Credit...
Tom Lee has been appointed chairman of the board of directors of bitcoin miner BitMine Immersion Technologies, effective Monday. BitMine announced a $250 million private placement to implement a buyin...
Backed by an army of retail investors, the 38-year-old CEO is shaking up the financial order. Vlad Tenev has a message for Wall Street professionals confounded by the everyday investors who have becom...
Meta Platforms (NASDAQ:META) is attempting to raise $29B to help fund its ambitious artificial intelligence data center build out, according to the Financial Times. Apparently, Meta has been in talks ...
Chinese Premier Li Qiang’s speech comes amid a pullback of U.S. support for Western-led institutions such as the World Bank and the IMF. China launched a regional development program called the Belt a...
The Federal Reserve proposed easing a key capital rule for banks, and central bank officials opened the matter for public comment Wednesday. The enhanced supplementary leverage ratio regulates the qua...
