Finance

Several banks have reported spikes in substandard loans, special mention credits and watch-list relationships. What does it all mean?

A 10% cut next year, which will be identical to the fee reduction this year, is projected to save the industry about $85 million.

India’s digital payments pioneer Paytm announced new funding from existing shareholders like SoftBank Group Corp.’s Vision Fund and new investors, as competition in the country’s finance sector heats up.

Banks need to manage margins more actively — including the use of new modeling technology — in the current low-interest-rate environment.

In September, loan balances grew at a slower pace than a year earlier, according to the latest trends report from CUNA Mutual.

The company will pay nearly $33 million for Tomah Bancshares to boost its operations in Wisconsin's Monroe County.

Hamp Johnston, a former market executive at JPMorgan Chase, would serve as RockPoint Bank's president and CEO. The bank would be based in Chattanooga.

Bank of America Chief Executive Officer Brian Moynihan said the U.S. has no need for negative interest rates because its economy is strong, unlike other regions that have employed the tricky strategy.

Toronto-Dominion Bank would end up with a smaller stake in a larger brokerage if Schwab and TD Ameritrade combined. But it could parlay that stake into funds for a U.S. bank acquisition.

The Treasury Department's CDFI Fund issued nearly $32 million to credit unions this week after providing $3.5 million in technical assistance grants earlier this year.

A lawsuit filed by a New Jersey branch employee who was fired in 2016 includes detailed allegations about the pressure that front-line workers faced to meet monthly sales targets. The case is scheduled to go to trial in February.

The Boise-based credit union is the fourth institution in the Northwest to receive the recognition.

This is the second time in five years the California-based credit union has issued a giveback, for a total of $38 million.

The deal is Seacoast's third acquisition of a bank with operations in Palm Beach County.

The once-acquisitive company appears ready to come off the sidelines, but will it be as a buyer or seller?

Five years into Victor Dodig's time as chief executive officer of CIBC, the performance gap between Canada's fifth-largest bank and its peers is as wide as ever.

Delinquencies also remained at "historical low levels" through Sept. 30, according to the state's financial regulator.

There's been chatter that investors are shying away from Fannie Mae and Freddie Mac mortgage-backed securities because Congress may not enact housing finance reform. Be skeptical of those claims.

PayPal Ventures is part of an investment group that has raised $4.2 million for cryptocurrency risk management platform TRM Labs.

United Bankshares in West Virginia was willing to pay a healthy premium for Carolina Financial, one of a dwindling number of available banks with more than $4 billion in assets.