Jeff Blumenthal

The accounting industry — yes, accounting — is suddenly a whirling cyclone of action as stacks of fresh private equity money fuel a wave of M&A unlike anything the sector has seen before.

The plan is to buy almost a quarter of the bank's stock.

The parent company of QVC and HSN also named an all-new eight member board of directors.

The Ambler practice is the latest local wealth management firm set to be sold to a larger private equity-backed buyer.

The CEO will retire after a 14-year tenure that saw the institution almost double its assets and expand membership eligibility nationwide.

The credit union, which had long been focused on a suburban footprint, opened its first Philadelphia branch earlier this year and has two more city sites picked out.

Cecily Tynan talks Dave Roberts, blizzard of '96, splitting time between Florida and Philly, and other parting thoughts ahead of her retirement from Action News.

The number of Philadelphia-area accounting and consulting firms that rank among the nation’s top 500 revenue generators has shrunk as private equity-backed consolidation grips the industry.

The news comes after Wells Fargo announced plans in late June to close branches in Montgomery County and South Jersey.

Calling her departure from Fox 29 "bittersweet," the anchor told her social media followers that Sept. 6 will be her last day at the station.