Reposition
1st Source Bank was founded in 1863 and remains the largest locally controlled financial institution headquartered in the northern Indiana-southwestern Michigan area serving individuals and businesses. 1st Source Bank operates banking centers across the region and features 1st Source Bank Specialty Finance Group locations nationwide, Wealth Advisory Services locations, and 1st Source Insurance offices.
The Federal Reserve held its key interest rate unchanged in a range between 4.25%-4.5%, where it has been since December. The post-meeting statement noted the recent market volatility and how that is ...
Banks quickly raised interest rates to record levels and added new monthly fees on credit cards last year when a Consumer Financial Protection Bureau rule threatened a key revenue source for the indus...
Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology solutions, today announced that Michael P. Lyons has been appointed Chief Executive Officer of Fiserv. ...
Gross domestic product fell at a 0.3% annualized pace, largely pushed by a surge in imports ahead of President Donald Trump’s tariffs. Imports soared 41.3%, driven by a 50.9% increase in goods. Import...
A Lending Tree survey found 25% of buy now, pay later users are funding grocery purchases with the loans, up from 14% in 2024. The survey said 41% of respondents said they made a late payment on a BN...
Central banks, particularly China, may start to shift away from US Treasurys, exploring alternatives such as gold and Bitcoin, according to Jay Jacobs, BlackRock’s head of thematics and active ETFs. I...
A leading economist contends a recession is now more likely than not due to the Trump administration’s trade wars, and that the U.S. could suffer the biggest “stagflationary” shock in decades. “We may...
Uncertainty about U.S. policymaking has led to a flight out of the U.S. dollar and Treasurys, with the dollar index weakening more than 9% so far this year, and analysts see more declines. The drop i...
Chicago Fed President Austan Goolsbee said Sunday that President Donald Trump’s tariffs are causing U.S. business owners to stock up on inventories. “Preemptive purchasing” by businesses, as well as c...
China expectedly kept its loan prime rates unchanged Monday, as strong macro data allows its central bank room to focus on stabilizing the yuan amid trade tensions with the U.S. The People’s Bank of C...
