Axa SA and National Australia Bank Ltd. agreed to buy asset manager Axa Asia Pacific Holdings Ltd. for $12.2 billion in the second-biggest acquisition in Asia during the past year.

Primerica Inc., the insurance business that Sanford I. "Sandy" Weill used to build Citigroup Inc., is selling shares in an initial public offering at a discount to its competitors.

The U.S. Supreme Court overturned an appeals court ruling in the Jones v. Harris Associates excessive mutual fund fee case Tuesday and asked the trial court to reconsider the case.

Ginnie Mae has revised the wording of the acknowledgment agreements necessary to finance mortgage servicing rights. It sought to resolve a concern warehouse lenders had in the event issuers become troubled.

First Commonwealth Financial in Indiana, Pa., has hired a former Regions Financial executive to lead several of its consumer lending groups.

The National Association of Realtors is warning House Republicans leaders that their tax reform plan would marginalize two long-standing tax incentives for owning a home, which could hurt the housing market.

Contactless and mobile payments have surged, but there will still be countries and markets that stick to cash, says PPRO's James Booth.

Consumers now have more control over their own financial decisions and loan options.

Jim Nussle, CEO of the Credit Union National Association, recently argued that Congress should do away entirely with FOM requirements. Such a move would further favor credit unions over banks.