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KJHburg

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18 hours ago, KJHburg said:

In other news US Bank continues to grow here and take away from this article is they are up to 860 employees in Charlotte now.

""U.S. Bank's local corporate and commercial banking operations are typically based in Hearst Tower in uptown. Charlotte-based Truist Financial Corp. (NYSE: TFC) purchased the 970,000-square-foot office tower for $455.5 million in March. It renamed the tower Truist Center.   About 90% of the corporate and commercial banking employees moved to remote work when the virus hit, Kelligrew noted. Some are beginning to return to the office in a limited capacity.   Minneapolis-based U.S. Bank has about 860 employees here, many of whom work in risk and trust services. Less than half of those employees are with corporate and commercial banking.  The bank continues to expand its presence here — a trend that began roughly a decade ago.  Most recently, U.S. Bank established a retail presence in Charlotte. It opened its first local branch at 201 S. Tryon St. in uptown in late 2019. It was also U.S. Bank's first branch in North Carolina.""

https://www.bizjournals.com/charlotte/news/2020/06/29/us-bank-shifts-charlotte-operations.html   subscriber article 

 

Honestly, this sounds like a tower needs to be planned for them. Or they take one of the towers being vacated now. 860 employees will need a central location to at least go through while they work remote. 

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6 hours ago, Rufus said:

Honestly, this sounds like a tower needs to be planned for them. Or they take one of the towers being vacated now. 860 employees will need a central location to at least go through while they work remote. 

This just has BofA Plaza building written all over it to me.

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28 minutes ago, Desert Power said:

This just has BofA Plaza building written all over it to me.

You mean the hopefully soon to be named US Bank Plaza

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The "banking city" is providing the worse help to businesses during the pandemic of any city? No doubt their working on getting what they can from the government for themselves though.

WCNC.com: Charlotte ranked last for PPP acceptance rates among major cities.
https://www.wcnc.com/article/money/charlotte-ranked-last-for-ppp-acceptance-rates-among-major-cities/275-75ea903b-e02f-42e5-a99e-46b84efae636

Edited by elrodvt

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7 minutes ago, elrodvt said:

The "banking city" is providing the worse help to businesses during the pandemic of any city? No doubt their working on getting what they can from the government for themselves though.

WCNC.com: Charlotte ranked last for PPP acceptance rates among major cities.
https://www.wcnc.com/article/money/charlotte-ranked-last-for-ppp-acceptance-rates-among-major-cities/275-75ea903b-e02f-42e5-a99e-46b84efae636

I mean . . . It was still an 88% acceptance rate

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True, but who even got through to apply? These are likely the larger non minority owned companies. I don't think that data is available yet right? Also, last is last..

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2 hours ago, elrodvt said:

True, but who even got through to apply? These are likely the larger non minority owned companies. I don't think that data is available yet right? Also, last is last..

I'm sure we'll find out why once that data comes out.

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6 minutes ago, AirNostrumMAD said:

I'm sure we'll find out why once that data comes out.

I should have said IF it comes out since the trump admin seems very reluctant to share that information. I can guess why.

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I see the data has been released to some extent. I took a look at the csv you can download and a quick perusal showed business name, ethnicity and such are  mostly blank. Kind of worthless.

Edited by elrodvt

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29 minutes ago, elrodvt said:

I see the data has been released to some extent. I took a look at the csv you can download and a quick perusal showed business name, ethnicity and such are  mostly blank. Kind of worthless.

This is definitely the cherry on top of the PPP:

 

 

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