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The combined company will operate under the Royal name and leadership.
June 23 -
Splash recently raised $44 million from investors. It plans to use the funds to aid small institutions that lack the resources to build their own loan platforms but are flush with deposits and looking for new lending opportunities.
June 23 -
The justices on Wednesday threw out a key part of a challenge brought by firms including Paulson & Co., Pershing Square Capital Management and Fairholme Funds to the government’s collection of more than $100 billion in profits from Fannie Mae and Freddie Mac.
June 23 -
MidUSA Credit Union in Middletown, Ohio, and Heartland Federal Credit Union in Dayton have combined to form MyUSA Credit Union, which will operate nine branches in the Miami Valley and hold roughly $350 million of assets.
June 23 -
The $124 million buyout would give Farmers nearly $800 million of additional assets and deepen its presence in northeast Ohio.
June 23 -
Under federal health plans, categories like dental still have steep out-of-pocket costs, creating opportunities for companies like Sunbit and Ally Lending to provide options at the point of care.
June 23 -
The biggest U.S. banks, led by JPMorgan Chase and Bank of America, are expected to pay out $142 billion in capital to shareholders after clearing this year’s stress tests.
June 23 -
Policymakers need to stop attacking credit bureaus and take action against credit repair firms that use dubious tactics to wipe bad debt from consumers' credit reports. Such schemes both impair banks' ability to accurately underwrite loans and further hurt real victims of identity theft.
June 23
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A majority of the justices concluded that the law establishing the Federal Housing Finance Agency violated the Constitution when it said a president may only remove the agency's chief "for cause."
June 23 -
The policy, outlined in an internal memo, is one of the most restrictive issued by a major U.S. bank so far.
June 23









