![]() ![]() It has an early-stage incubator for fintech and insurtech companies, as well as a late-stage accelerator for more established companies looking to "do a major deal," Bokhari said. The group works to identify, build and retain talent in the area, including creating upward mobility opportunities for promising talent. The Carolina FinTech Hub focuses on increasing talent, innovation and outreach. bank deals announced in a decade, and Bokhari expects it will usher in other mergers of a similar nature.īB&T has been a "long-time anchor partner" of the Carolina Fintech Hub, said Bokhari. The BB&T-SunTrust tie-up was one of the largest U.S. Tariq Bokhari, executive director of the Carolina Fintech Hub, said he has rarely seen two banks as upfront about technology as their reason for merging. "You see it in Charlotte pretty clearly."īB&T and SunTrust decided to move to Charlotte because of the city's access to fintech, data science and education programs, Brian Davis, director of corporate communications for BB&T, wrote in an email. " really is an ecosystem," said Christopher Marinac, a bank analyst with FIG Partners. In Charlotte, many banks see an opportunity to partner with the city's thriving financial technology community. According to the Bureau of Labor Statistics, the number of jobs in the financial industry has increased 47.4% since the year 2000, compared to 11.7% growth for the U.S. The financial industry in Charlotte has grown significantly since 2000. has an estimated 25,100 employees while Bank of America Corp. There are 82,000 people working in finance and insurance in the Charlotte region, according to the Charlotte Regional Business Alliance. plan to move their combined headquarters there when their pending merger closes. Bancorp recently announced plans to open its first North Carolina branch in the city, and BB&T Corp. All in app news content has been arrange for an easy and consolidated view delivered from various internet sources.Charlotte, N.C., has outpaced the country in financial sector employment, and with more banks moving into the "Queen City," that growth looks unlikely to stop. Military Bases Seymour Johnson Air Force Base and Fort Bragg Army Base.ĭisclaimer: MCAppStudios is not affiliated with any news organization and does not own or update any of the website content displayed in app. College and Universities: University of North Carolina, Duke University and NC State University. Easy fluid reading of news images and content.Ĭharlotte NC News App cities and suburbs included for State Wide News: Charlotte NC, Matthews, NC | Mount Holly, NC | Mint Hill, NC | Huntersville, NC | Indian Trail, NC | Cornelius, NC | Concord, NC | Gastonia, NC | Kannapolis, NC | Rock Hill, SC | Monroe, NC | Mooresville, NC | Kings Mountain, NC | Lincolnton, NC | Lancaster, SC and surrounding suburbs. Charlotte News, National News and World News Give this app a try - you won't be left in the dark and will always know what's going on. News Categories covered include – Weather, Top Stories, Breaking News, Sports, Politics, Tech News, Business News, Traffic and much more. The Charlotte News App is designed to keep you updated on the latest news and events in Charlotte North Carolina and surrounding suburbs as well as National News. A Beautiful FREE Full Featured News App designed to keep you updated on all Charlotte, North Carolina news around you. ![]()
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