Federal financial institution regulator approves JPMorgan plan to open department at Seventh and Linden streets in Allentown

Federal financial institution regulator approves JPMorgan plan to open department at Seventh and Linden streets in Allentown

The most important financial institution within the U.S. is coming to Allentown. JPMorgan Chase & Co.’s bid to open a department downtown has been accredited by a federal regulator. The Workplace of the Comptroller of the Forex (OCC) famous in its weekly bulletin that the department for the northeast nook of Seventh and Linden streets…

American Financial institution of Allentown expands buyer entry to purchase, promote cryptocurrencies with Bakkt Holdings

American Financial institution of Allentown expands buyer entry to purchase, promote cryptocurrencies with Bakkt Holdings

Prospects of American Financial institution, a Lehigh County-based on-line monetary establishment, will quickly be capable of purchase, promote and maintain cryptocurrencies by their financial institution. American Financial institution has chosen the Bakkt Holdings Inc. “crypto join” service for transactions in bitcoin and Ethereum. “Greater than ever, we’re seeing buyer intrigue and curiosity in cryptocurrency develop,”…

Hashish banking invoice may increase entry for Pa. companies, sufferers

Hashish banking invoice may increase entry for Pa. companies, sufferers

HARRISBURG, Pa. (The Middle Sq.) — Whereas medical marijuana is authorized in Pennsylvania and there is an ongoing push to legalize leisure use, federal prohibition makes banks and insurance coverage corporations hesitant to do enterprise with marijuana corporations. The danger of following state legislation however violating federal legislation complicates efforts to redirect black-market drug gross…

Bethlehem developer agrees to $800K settlement with Pa. Division of Banking and Securities

Bethlehem developer agrees to $800K settlement with Pa. Division of Banking and Securities

BETHLEHEM, Pa. – Lehigh Valley developer Lou Pektor is paying $800,000 to settle claims of impropriety introduced forth by the Pennsylvania Division of Banking and Securities. In line with the settlement, the Division of Banking concluded Pektor violated the Pennsylvania Securities Act when he failed to inform traders about judgments and liens pending in opposition…