March 28, 2024

Banking & Finance

Card games: Fattmerchant chips away at credit card fees

Suneera Madhani is a 30-year-old millennial, a new mom — and the founder of a 3-year-old Orlando company that aims to be the Netflix or Uber of the credit-card processing. Read more »
Published on 6/28/2017

KPMG breaks ground on $400 million facility in Lake Nona; plans to hire 330 statewide

U.S. audit, tax, and advisory firm KPMG LLP broke ground on new $400 Lake Nona facility; announces plan to hire 330 in Florida Read more »
Published on 5/22/2017

Seacoast to acquire NorthStar Banking Corporation

Addition of $212 million-asset bank will strengthen Seacoast's position in Tampa Bay, Florida's 2nd largest MSA. Read more »
Published on 5/18/2017

Small Business Defaults in Florida Unchanged in March

PayNet, the premier provider of credit ratings on small businesses, announces that in March 2017, the percentage of Florida's small businesses defaulting on loans has not changed. Of the 18 major industries, 9 improved and 9 worsened. Read more »
Published on 5/11/2017

FNFV Announces Sale of One Digital for $560 Million

Fidelity National Financial, Inc. today announced that FNFV Group (NYSE: FNFV) has signed a definitive agreement to sell One Digital Health and Benefits ("One Digital") for $560 million in an all-cash transaction. Read more »
Published on 5/8/2017

Patriot Bank Enters into Definitive Agreement to Join National Commerce Corporation

National Commerce Corporation (Nasdaq:NCOM) (“NCC”), the parent company of National Bank of Commerce (“NBC”), headquartered in Birmingham, Alabama, and Patriot Bank, headquartered in Trinity, Florida, jointly announced the signing of a definitive agreement providing for the merger of Patriot Bank with and into NBC. Read more »
Published on 4/25/2017

U.S. Forecast: How Will Economy Fare on Mr. Trump's Wild Ride

Just a few turbulent weeks into President Donald Trump's administration, forecasters' fears of a recession continue to decrease, according to the latest U.S. forecast from the Institute for Economic Competitiveness at UCF College of Business. Read more »
Published on 3/8/2017

IBERIABANK Corporation Announces Agreement to Acquire Sabadell United Bank, N.A.

Significantly strengthens franchise in Florida, which will become IBERIABANK Corporation's largest state by deposits Read more »
Published on 3/1/2017

CFO Atwater Announces Future Plans

Florida's Chief Financial Officer Jeff Atwater anounced today that following the 2017 Legislative Session he will be accepting the position of Vice President of Strategic Initiatives and Chief Financial Officer of Florida Atlantic University. Read more »
Published on 2/10/2017

States sorted by credit card debt burden

The Sun Belt isn't so bright for debtors: Florida, Texas, Georgia and New Mexico have four of the nation's five highest credit card debt burdens, according to a new CreditCards.com analysis. Read more »
Published on 12/22/2016

Broken bond: Miami is only municipality the SEC has sued twice

Ongoing securities violations makes Miami the only municipality the SEC has sued twice. Read more »
Published on 11/28/2016

Profile of ‘Bundl' -- software that tracks political fundraising

A little over two years ago, on an early spring morning in Tallahassee, not long after Florida lawmakers had fled the city following the end of the annual legislative session... Read more »
Published on 10/26/2016

Eleventh Circuit Court Of Appeals Reverses Judgment Against BBX Capital And Alan B. Levan

BBX Capital Corporation announced today that it has won its appeal in the Eleventh Circuit Court of Appeals in the action brought against the Company and Alan Levan by the SEC. Read more »
Published on 9/30/2016

Fixing income inequality in Florida

Florida Trend asked a group of Florida leaders and experts for their ideas about how to address the gap that's been growing for 30 years between the wealthy and the rest of America. Read more »
Published on 9/28/2016

Tax tips for small businesses and high net worth Floridians

We interviewed financial advisors around the state and asked them the best financial moves for small-business owners and high net worth individuals to cut taxes. Interviewed are: Read more »
Published on 9/28/2016

Florida ranks #43 in the 'Best (and Worst) States for Families to Live a Richer Life' survey

Is there a place in America where families can have it all — high income, job security, safe neighborhoods, affordable child care and a good education? Read more »
Published on 8/16/2016

Everbank and TIAA to merge

Today, we are excited to announce that EverBank has entered into a formal agreement to be acquired by TIAA. This is a momentous day for our company, our clients and our associates, as we are uniting with one of the largest and most respected financial services companies in the country. Read more »
Published on 8/8/2016

Inequality: The ‘prosperity gap' in Miami

A loss of higher-paying jobs, and a variety of rising economic barriers threatens mobility and equity. Read more »
Published on 7/27/2016

EverBank Financial Corp announces second quarter 2016 financial results

The Company also announced today that as a result of an ongoing review of its strategic alternatives it is in advanced negotiations with a well-respected financial services company regarding a transaction in which EverBank Financial Corp would be acquired and EverBank Financial Corp's common stockholders would receive $19.50 per share in cash. Read more »
Published on 7/26/2016

Gov. Scott activates Emergency Bridge Loan Program for small businesses affected by algal blooms

Today, Governor Rick Scott activated Florida's Small Business Emergency Bridge Loan Program for businesses affected by the presence of algal blooms in local waterways. Read more »
Published on 7/14/2016

Data Mine: Key economic indicators show Florida's economy is strong

Key economic indicators -- nonfarm payroll employment, average hours worked in manufacturing, the unemployment rate, and wage and salary disbursements deflated by the consumer price index -- show Florida's economy is strong. Read more »
Published on 7/11/2016

Lawsuits on credit: Funding litigation in Florida

Companies and law firms are turning to third-party funders to pay for expensive lawsuits or to give them advances on settlements that haven't been paid yet. Read more »
Published on 6/28/2016

Florida Chamber of Commerce analysis on the impact of Brexit

Florida Chamber's Chief Economist Dr. Jerry Parrish: “Brexit will cause volatility in financial markets, will likely slow down the number of U.K. visitors to Florida and reduce foreign direct investment in our state…but there is good news for Florida's imports.” Read more »
Published on 6/24/2016

Florida consumer sentiment continues downward in May

Consumer sentiment among Floridians fell another 1.6 points in May to 89.4, according to the latest University of Florida consumer survey. Read more »
Published on 5/27/2016

Can Puerto Rico escape its $72 billion debt trap and avoid Greece's fate?

Brian Gendreau, director of UF's Latin American Business Environment program, explains the consequences of Puerto Rico's failure to pay bondholders and discusses options it could consider to resolve its financial situation. Read more »
Published on 5/25/2016

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Florida Trend Video Pick

Bitter-to-swallow cocoa costs force chocolate shops to raise prices
Bitter-to-swallow cocoa costs force chocolate shops to raise prices

Central Floirda chocolate shops are left with a bitter taste as cocoa prices hit an all-time high earlier this week.

Video Picks | Viewpoints@FloridaTrend

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