Cap Markets

A centerpiece of her “economic patriotism” bill is to transform private equity firms, which she said will buy a company and bleed it dry before “walking away enriched even as the company succumbs.”

Low rates spur more retail lending at big U.S. banks as trading revenue drops; the company’s plan to create its own digital currency runs into more opposition.

The agency's board voted 3-1 on Tuesday to give large banks additional time to comply with new rules that force them to keep better track of insured deposits.

The Connecticut company will add heft in its home state and Massachusetts when it buys the former mutual.

Piermont Bank, set to open this week, will be the city's second new bank this year.

The company, based in Charleston, S.C., will buy Carolina Trust in western North Carolina for $100 million.

Ribbon-cuttings for de novos have become more common as regulators have warmed up to the idea of granting new charters. These are the banks that have opened this year, along with more that are on track to do so.

The California company will pay $39.4 million for the parent of First State Bank of Colorado.

Trustar Bank is set to debut in northern Virginia in July.

The Pittsburgh regional, once among the most industry’s most active acquirers, hasn’t bought a bank in more than two years — and it’s in no rush to do so.