Corporate governance

The company is buying a homebuilder finance portfolio with $47 million in loans and $80 million in commitments.

The 10-digit penalty marks an important milestone for the bank, but individual ex-bankers may still be at risk and grueling hearings lie ahead for current leadership.

A deferred-prosecution agreement with the Justice Department spares the bank a potential criminal conviction — provided it cooperates with continuing probes and abides by other conditions.

After more than five decades as a volunteer board member and committee member, one industry veteran looks back at how the movement has changed and what has stayed the same.

Regions, Citizens, BMO and others are adopting principles IBM unveiled at Davos.

David Brager, the California company's sales division manager, will replace Christopher Myers on March 16.

Goldman Sachs pledged in late 2019 to stop financing projects in coal and Arctic oil exploration. Activist groups and Democratic senators say other large institutions should do the same given the economic and environmental risks from climate change.

Phenix Pride FCU in Alabama is one of several institutions Inclusiv and the African-American Credit Union Coalition are celebrating during Black History Month.

The Western Michigan city has been a hotbed of credit union activity given its low unemployment rate.

Clearer standards make it easier for shareholders to boost their stakes in banks without having to file for bank holding company status.

CardWorks also specializes in subprime credit cards and loans for recreational and marine vehicles.

The bank still plans to open branches on the West Coast even as it trims its overall U.S. footprint by 30%.

There's much bank executives can learn from the 737 Max and Deepwater Horizon catastrophes, which could have been averted if regulators had been notified sooner.

The bank's announcement that it will slash about 35,000 staff and take $7.3 billion of charges prompted its stock to tumble and renewed questions about the bank's direction and lack of a permanent CEO.

As faster payments change how quickly companies get paid, these same organizations are looking to add speed to the way they manage internal expenses.

The company will pay $130 million for Commerce Financial Holdings.

Hanover Bancorp is facing a proxy battle after its CFO and two other bankers bolted to a rival.

The tight labor market and public pressure to raise minimum wages are expected to nudge noninterest expenses upward in a year when the watchword is cost control.

Broadway Financial prefers a small balance sheet and loans to real estate investors that offer affordable housing. Capital Corps and its founder, Steven Sugarman, want the bank to expand by making more loans directly to low- and moderate-income borrowers.

Gulf Power Company Employees CU will merge into Tallahassee-based FSU Credit Union later this year, pending regulatory and member approval.