Eric Holmquist was recruited in July to work as Customers Bank’s new Executive Vice President and Chief Risk Officer, bringing more than 35 years of experience in the financial services sector to the job. He will be responsible for the design and execution of the Wyomissing-based bank’s enterprise risk management program.

Ben Franklin Technology Partners of Northeastern Pennsylvania has announced its latest round of investments.

State Attorney General Josh Shapiro’s lawsuit against student loan service provider Navient for allegedly engaging in deceptive lending practices may proceed to trial, the U.S. Court of Appeals for the Third Circuit has ruled.

The Pennsylvania Department of Community and Economic Development and the Ben Franklin Technology Development Authority announced today that it will award nearly $1.5 million in grants to each of the four Ben Franklin Technology Partners in the state.

Henderson said the grants aim to offset costs needed to reopen or make accommodations to continue doing business during the pandemic such as paying for PPE, installing or adding safety and protective barriers, additional disinfection supplies or professional cleaning services.

The focus of the county grants is to help shore up funding for those who missed out on Paycheck Protection Program or Economic Injury Disaster Loan program benefits, said Kathy Henderson, director of economic development at Carbon Chamber and Economic Development Corporation in Lehighton.

Those in the financial industry say the slowed economy, hoarding and a COVID-19 pandemic related reduction in production at the U.S. Mint have all led to the shortage in coins.

As the CPA profession adopts a technologically advanced skill set to maintain the public’s trust, professional trade groups are working with licensing bodies on a multi-year initiative to “evolve” the CPA licensure model, with a goal of unveiling a new uniform exam by Jan. 1, 2024.

Enigma Networkz LLC of Reading, Phoenix Hockey USA LLC of Tatamy and ProdHealth Inc. of Bethlehem are three of the local early-stage technology-based firms to receive part of a $210,500 in investment from Ben Franklin Technology Partners of Northeastern Pennsylvania.

PNC Financial Services Group, parent company of PNC Bank, the largest consumer bank in the commonwealth with a substantial footprint in the midstate and Lehigh Valley regions, recruited two new executive committee members this week, one of whom will lead the company’s fight to eradicate systemic racism while the other heads the asset management services division.