Wells Fargo

SBA loan volume snapshot

Small businesses around the state borrowed $149.78 million worth of SBA loans from Oct. 1 through May 31.

Foreclosures for 3.30.10

Several higher-end homes are on the list this week, including nine valued at more than $300,000 and a home on Cary Street.

“Back to basics” say bankers

Local bankers know they’re not the most popular guys around town these days. But the banking model doesn’t work so well when real estate prices are fluctuating so wildly and major industries are falling by the wayside. There were two banking panels this week both centered around the topic of why banks seem tighter lending than this time two years ago. Both had a similar refrain.

Rules changing for the money management game

Customers across the board expect lower prices, and in the wealth management game, that means lower fees. On the plus side, many of the smaller firms in town say they are successfully luring away clients who formerly worked with larger financial advisors.