Sterling Bancshares in Poplar Bluff, Mo., has completed its purchase of Bootheel Bancorp in Poplar Bluff.
Large banks are not buying preferential treatment by contributing to her campaign, Hillary Clinton insisted again on Thursday, attempting to rebut charges leveled at her by Sen. Bernie Sanders.
JPMorgan Chase Chief Executive Officer Jamie Dimon bought 500,000 shares of the banks stock on Thursday, a person familiar with the decision said.
Banks stocks fell further than the overall market yet again Thursday, as concerns about negative interest rates, the energy sector and other matters showed no signs of abating.
Fifth Third Bancorp in Cincinnati said Thursday that it will spend $27.5 billion over the next five years to provide loans and other financial services to underserved communities in its region.
U.S. Bancorp has hired John Steward as president of its retail payments solutions division.
Competition among lenders for commercial mortgages has driven down interest rates, margins and underwriting standards, and now it's helped drive one lender out of the business.
Morgan Stanley agreed to pay $3.2 billion to end a joint federal-state investigation into its handling of mortgage-backed securities, the fourth deal to be struck in a probe of the big U.S. banks' role in the subprime mortgage meltdown and the financial crisis it spawned.
The Madrid-based bank announced Thursday that it will invest $250 million in Propel Venture Partners.
Lending Club reported record earnings in the fourth quarter thanks to soaring loan demand.
Royal Bank of Scotland Group hired the head of Asia wealth management at JPMorgan Chase to lead its private-banking businesses, as Michael Morley steps down.
The $2 billion-asset Hampton Roads said in a press release Wednesday that it will pay $107.2 million in stock for the $1 billion-asset Xenith.
KeyCorp hit fresh political resistance in New York to its $4.1 billion acquisition of First Niagara Financial Group Inc., with Governor Andrew Cuomo pushing federal regulators on Wednesday to block the deal. Shares of both companies fell.
Standard & Poor's Ratings Services is warning banks with high levels of exposure to the energy industry to think twice before ramping up their lending in other sectors.
Bank of America says it has found a growth opportunity courting European companies with U.S. subsidiaries as beleaguered European banks retrench.