Artworks from the collection of Lehman Brothers Holdings Inc. may raise another $16 million for its creditors as collectors and souvenir hunters snap up remains of the collapsed bank.

The Merrill Lynch unit of Bank of America Corp. has agreed to pay $728,260 in civil penalties for letting unregistered client associates sell securities in states where they were not permitted to do so, New Jersey Attorney General Paula Dow said on Wednesday.

Exchange-traded fund investors shook off the summer slump and put their money back to work in July, reportedly finding investment opportunities overseas and in favored funds with large-cap investment styles.

Housing advocates are pressing Senate Republicans to expand the low-income housing tax credit program while pushing back against a House GOP plan that would eliminate financing for half of all affordable housing units.

Sterling Bancorp in New York is determined to turn Astoria Financial's largely residential operation into a commercial powerhouse. While investors are skeptical, CEO Jack Kopnisky has proven in the past that such an ambitious plan is doable.

A bill that would ease Basel III capital requirements on commercial real estate loans could level the playing field between depository and nonbank lenders and spur more construction lending if it passes in the Senate.

Using AI can manage both privacy and security as part of AML reform, says Giant Oak's Gary Shiffman.

More lenders and governments should partner with community development financial institutions to ensure aid reaches minority-owned businesses that are the backbone of many neighborhoods slammed by the coronavirus.

Global regulators are considering a universal stress test for climate change that requires lenders to use a 30-year horizon, a difficult and speculative projection of the energy industry that could harm bank financials.