Finance

An appeals court has rejected claims by a Washington state housing finance agency that the National Homebuyers Fund is limited to operating in California.

Denver-based P2Binvestor plans to use the new funds to expand its bank partnership program.

Jonathan Walker of the Center for the New Middle Class and Mark Schwanhausser of Javelin discuss ideas for helping women facing financial difficulties.

The company agreed to aquire United Bancorp. for $51 million.

Old National will have the fifth-biggest deposit market share in the city when it completes the $434 million acquisition.

The company will pay $48 million for four branches and $230 million in loans.

The groups applauded a proposal to establish minimum GSE capital requirements, but called for more immediate steps to release the companies from conservatorship.

U.K. private equity firm Dunedin says it has invested "a significant stake" in a £44 million (U.S. $58 million) funding round for Global Processing Services, which provides payment processing and technology for financial institutions, digital banks, challenger banks and fintechs.

The Connecticut company will have nearly $48 billion in assets after it buys First Connecticut Bancorp.

The deal for the Denver commercial lender joins a growing list of large acquisitions being announced in competitive urban markets.

The settlement is the latest development in probes by governments around the globe into banks’ manipulation of benchmark interest rates.

Cadence first discussed a deal with the Atlanta target four years ago. But negotiations picked up steam once it was clear State Bank had another suitor.

The company, which was flagged for two products, has been working with its regulators to determine the right amount to set aside.

The rule hews closely to a 2016 proposal but the central bank made a notable change to reflect a higher threshold for banks considered "systemically important."

The Israeli-owned company, which spent the last half-decade addressing stagnation, is open to acquisitions or going public.

The Indiana bank would add nearly $100 million in deposits with its purchase of FM Bancorp.

The Seattle company is firing 127 people, or a tenth of its mortgage staff, after enduring months of slow activity.

Charter One wanted to sell itself quickly because it feared valuations had peaked, and CenterState was able to beat other potential suitors to the punch.

Almost half of systemically important financial institutions are trading in bear territory; bank is accused of overcharging customers for mortgage-backed securities.

The company will gain 10 branches and $145 million in loans after it buys Gideon Bancshares.