Banking and finance

Banking and finance
IBM brings 600 new jobs
High Five
Tuesday, June 22, 2010
IBM plans to hire 600 new employees in Oregon, as it introduces new mortgage software tied with a recent Oregon acquisition.
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Umpqua buys 4th bank
High Five
Tuesday, June 22, 2010

While other banks fail, Umpqua is seizing the opportunity to expand, and this week made its fourth purchase of a failed bank since 2009.

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Six in Portland area charged with mortgage fraud
High Five
Thursday, May 20, 2010

A grand jury has charged six Portland-area individuals with fraud and conspiracy as part of a continuing federal crackdown on mortgage fraud.

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LibertyBank misses state deadline
High Five
Tuesday, June 22, 2010
Eugene-based LibertyBank missed a deadline to shore up reserves with $30 million, but won't be penalized.
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Umpqua boutique banks are popular and cheap
High Five
Thursday, May 20, 2010
Umpqua has opened a new location in Portland's Sellwood neighborhood, exploring a new model both cheap to build and customer-friendly.
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