Retracting an Obama administration policy that shielded banks servicing marijuana companies threatens financial firms and makes the pot industry too reliant on cash.

The bank said it plans to use proceeds from the placement to expand its operations.

The company will add $600 million in assets under management when it buys a Roanoke, Va., firm.

Speculation has existed for a while that JPMorgan Chase could be the first of the megabanks to name a woman chief executive, but the elevation of executives Daniel Pinto and Gordon Smith to co-presidents and co-COOs seemed to put them in the lead to succeed Jamie Dimon.

The divestitures are necessary to get the Justice Department to sign off on First Financial's $1 billion purchase of MainSource Financial.

The Texas company will gain four branches and $160 million in loans after the acquisition closes.

Bank of America has signed leases on its first three branches in the Steel City, part of its retail business' expansion into new markets.

The Dallas company has agreed to sell its health care lending group to an undisclosed buyer.

Scholarship programs for high schoolers and college students can also promote banking as a viable career option and serve as a channel for bringing in new business.

The company more than doubled the total number of transactions it performed for credit unions in 2016, driven in large part by its acquisition of TMG in April

While Zelle is working hard to become the Venmo for grown-ups, it is also pushing into retail payments, particularly in opportunities for displacement of cash and check and where funds are needed in minutes rather than days or weeks.

A Swiss financier has agreed to buy Brickell Bank a year after another sale fell through.

While bank-run ATMs don’t appear to be affected so far, older, front-loaded cash machines are vulnerable to the attack, according to an alert from the Secret Service.

As interest rates go up, volume expected to drop to its lowest level since 2000; thieves can make cash machines release money “like winning slot machines.”

Elizabeth Warren takes acting CFPB director Mick Mulvaney to task over his decision on data collecting; B of A gets heat from harrassment reveal and free checking halt; and more.

The proposed legislation would give the agency authority to increase funding for the 7(a) program — with several caveats designed to manage exposure.

The private-equity firms, which invested in a predecessor to Union Bankshares in May 2010, sold their shares for a total of $301 million.

Reps. Elijah Cummings and Jimmy Gomez, both Democrats, questioned why B of A would stop offering accounts that are popular with low-income consumers when it stands to reap huge financial benefits from recently passed tax cuts.

Meta Financial expects to originate $500 million to $1 billion in personal loans as part of a three-year partnership with Liberty Lending in New York.

The proposed legislation would give the agency authority to increase funding for the 7(a) program — with several caveats designed to manage exposure.