Credit Suisse said it has agreed to pay $425 million for a minority interest in the New York hedge fund manager York Capital Management.

Cutwater Asset Management, a fixed-income money manager, has struck a strategic partnership with Tandem Global Partners.

At 91%, the overwhelming majority of retail investors support a fiduciary standard for all financial advisers, according to a survey of 1,319 investors by Infogroup/ORC.

Three senators have unveiled a bill that would allow captive insurance companies to regain full membership in the Federal Home Loan Bank System.

The Massachusetts bank — and former credit union — bought Cumberland County Mortgage in Maine.

The busy legislative agenda laid out by President Trump in the State of the Union speech Tuesday night casts doubt on how quickly Congress can move on financial services legislation, particularly a housing finance reform package.

There’s a dynamic balance between the innovation and resiliency benefits of the messy, creative ferment of many smaller competitors, and an oligopoly or monopoly’s scale economies, says Intrepid Ventures' Eric Grover.

The decentralizing of business payments staff requires agility that's permanent, says Nvoicepay's Lauren Ruef.

Smaller institutions are relying on an issuing system that gives away control over card programs, says Corserv's David Luther.