Advanta cutting costs; mortgage chief resigns

Article Abstract:

Spring House, PA-based loan company Advanta Corp. will be cutting expenses, shutting down its auto lending business, and losing a top executive with the departure of Carl Forsythe, hired September 1998. The company is hiring 49 bill collectors and total employment is expected to remain at the current level until the end of 1999.

author: DiStefano, Joseph N.
Financial management, Consumer Lending, Personnel administration, Personal credit institutions, Consumer Finance Institutions, Consumer finance companies, Advanta Corp., ADVN

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Jumping ship with a blessing instead of a fight

Article Abstract:

The article discusses Stephen M. Dalton's departure from First Union Corp. to the company he is founding, ForeFront Capital Advisors L.L.C.

author: DiStefano, Joseph N.
Organizational history, Financial Holding Companies, Holding Offices, First Union Corp., FTU, ForeFront Capital Advisors LLC

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Weaker economy hurts banks

Article Abstract:

PNC Financial Services Group profits slid to $300 million from $308 million in 2000.

author: DiStefano, Joseph N.
Sales, profits & dividends, Bank holding companies, Investment Holding Companies, Brief Article, PNC Financial Services Group Inc.

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subjects list: United States, Pennsylvania
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