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Black Banks Are Feeling the Pinch
Written on 8 Jun, 2009 at 13:58 in B.E. 100s News | viewed 2,437 times | 2 Comments
Profits at the nation's black owned banks last year plunged to a nine-year low, newly released data shows. The annual statistics illustrated a major decline as some black owned banks suffered big losses tied to securities-related investments.... (Continue reading)
Executives Working to Create Black-Owned Holding Company
Written on 23 Dec, 2008 at 10:59 in Business News | viewed 2,670 times | 10 Comments
Three African American executives are trying to raise $50 million to create a black-owned bank holding company with some help from the federal government.... (Continue reading)
