Corporate governance

An economic correction is long overdue, the Ohio company says in explaining why now is the wrong time for long-term entanglements like mergers.

NewDominion, which has completed an improbable turnaround, is the last community bank based in Charlotte, N.C.

From launching new student-run branches to disaster-relief donations and more, here's how credit unions are giving back to the communities they serve.

Financial firms have mostly shrugged off the government's budget woes, but Washington's gridlock might pose a bigger risk than they think.

The wave of sexual harassment claims has forced a very public reckoning in certain industries, but financial services firms had largely escaped the spotlight. The departure of a Bank of America executive could signal that the industry has problems lurking behind the scenes.

Here's a look at what happens at five federal agencies that support the mortgage industry during a government shutdown.

The New York multifamily lender is making steady progress in a multiyear effort to reduce its dependency on commercial real estate.

From partnerships to improve financial literacy to adopting schools and providing disaster relief, here's another look at how credit unions are giving back.

The company sold common stock to employees, existing shareholders and new investors.

The company will pay $62 million in cash for a bank with four branches and $337 million in assets.

The Arkansas company has spent two years trying to reassure nervous investors and analysts that it can rapidly book real estate loans using conservative practices.

The credit union service organization gained 11 new member-owners in 2017, bringing total ownership to 50 CUs.

The Battle Creek, Mich.-based credit union has given rebate to members for 10 years, totaling $9.3 million.

The Kansas City-area credit union has returned a dividend to members for 22 consecutive years, and this is the sixth year in a row it has given back at least $5 million.

Executives at U.S. Bancorp and Bank of America plan to use their tax savings to ramp up spending on new technology to stay competitive — but they sought to reassure investors that they would not abandon cost control.

Liberty will add a branch in Kansas City, Mo., along with three locations in nearby communities.

Blue Lion Capital, which had a recent request for a board seat rejected, plans to nominate multiple people to run for the board at HomeStreet's next annual meeting.

Ameris, which was operating under a regulatory order when it agreed to buy Atlantic Coast, agreed to pay more money if it failed to complete the acquisition by mid-2018.

The company is gaining heft in Michigan's Upper Peninsula with its $34 million purchase of First Federal of Northern Michigan.

Costs fell less than 1% to $54.7 billion in 2017, and its goal for 2018 is $53 billion. Analysts question whether revenue growth and tax relief will reduce the incentive to get leaner.