Finance

The nearly $5 billion deal to acquire MB Financial would provide the Cincinnati company with immediate scale in the Windy City.

While working with new fintechs carries some risk, it can also provide community banks with an affordable way to upgrade products and technology.

Total loans at Old Dominion National Bank have tripled since 2016.

Watermark Bank would focus on business banking and entrepreneurs, with technology and concierge services designed to target those customers.

PayPal Holdings Inc. is teaming up with Indonesian venture-capital firm Alpha JWC Ventures to back emerging financial technologies that can be developed for Southeast Asia.

Equity warrants. Capital calls. Off-balance-sheet accounts. SVB's unusual business model thrives on financing rainmakers and cutting-edge firms, but old-school issues like overconcentration, unpredictable fee income and stock market swings lurk in the background.

Beacon Community Bank, which opened in January, raised $34 million through a private placement.

State Bank popped up on the Houston company’s radar eight years ago, but management waited until now to strike.

The Renton, Wash., company, which has acquired or opened nine branches since 2015, has filed a shelf registration to raise the funds through the sale of various securities.

Fair Square Financial has received a $100 million equity investment from the Orogen Group to fund a credit card designed for underserved U.S. consumer segments.

The Houston company had been an interested, but selective, acquirer before announcing this year's biggest bank deal.

The investment bank agreed to buy Business Bancshares in St. Louis.

Ant Financial, the Chinese payments giant controlled by Jack Ma, is expected to close a fundraising of at least $10 billion in the next few days, attracting Carlyle Group and the Canada Pension Plan Investment Board as first-time investors, according to people familiar with the matter.

Across the globe, many different populations have distinct reasons for being unbanked. To reach these audiences, mainstream financial companies are discovering approaches that wouldn't be possible in the U.S.

Royal Bank of Scotland said it reached a tentative agreement to pay a $4.9 billion penalty to resolve a long-running U.S. probe into its packaging and sale of mortgage-backed securities before the 2008 financial crisis.

The prepaid card issuer is attracting customers who are more inclined to seek it out through the app store.

The California company ended up selling 1 million more shares than it had originally planned to offer.

Ryan, McConnell say they have a deal on a bipartisan Dodd-Frank rollback; New York won more than $5 billion in settlements from big banks under the former AG.

Legal costs and legacy issues related to previous management continue to weigh on the online lender's results.

A group led by former community bank CEO Dave Mallett hopes Ohio State Bank will open for business in Columbus by the end of the year.