A New Chapter for Central Florida Finance: Portrait Bank Breaks Ground as Region’s First De Novo in a Decade

By Banking Dive Staff | Published September 22, 2026 In a significant development for the central Florida financial landscape, Portrait Bank officially opened its doors this past Saturday in Winter Park. The launch marks a historic milestone for the region: it is the first de novo—a newly chartered bank—to emerge in central Florida in nearly…

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The Federal Reserve Breaks Its Long Pause: What the September 2026 Rate Hike Means for Your Wallet

WASHINGTON — In a decisive pivot that marks the end of a prolonged monetary policy plateau, the Federal Reserve raised its benchmark interest rate on September 16, 2026, pushing the federal funds target range to 3.75 percent to 4.00 percent. This adjustment represents the central bank’s first rate increase since 2023, signaling an aggressive renewed…

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A House Divided: Goldman Sachs Breaks Ranks as the "Clarity Act" Nears Senate Showdown

In a move that has sent shockwaves through the corridors of Washington and the executive suites of Wall Street, Goldman Sachs Chairman and CEO David Solomon has publicly endorsed the "Clarity Act," a landmark piece of legislation poised to reshape the digital asset landscape in the United States. Solomon’s support places the investment banking giant…

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