Increasing assets and public support put credit unions in a favorable position, but this year’s promised tax reform, which threatened to strip their federal income tax exemption, has them on the defensive. Banks are lobbying hard to make sure that change happens.
A new report and 2014 Salary Guide by Robert Half shows that the market for experienced accounting and finance professionals has tightened dramatically in many areas with hiring managers often operating under the misperception there is a large, highly qualified candidate pool to draw from.
Last week the Securities Exchange Commission unanimously approved proposed rules on Title III crowdfunding that will permit businesses and intermediaries (funding portals) to finally participate in equity-based crowdfunding.
Last week Proterra, Greenville-based makers of battery-powered, zero-emission buses, announced $24 million raised in its third round of funding, bringing investments so far to nearly $200 million, according to the company’s CEO.
After nearly 10 years at Bank of America, Robert Hogan left in 2005 to create a wealth-management division for Capital Bank Corp., a business that reached “about $1.5 billion in assets under management.”