Finance

The reduction is “primarily” from a lower value of net deferred tax assets, the bank said in a securities filing Friday, the same day President Trump signed the legislation.

Former top commercial mortgage-backed securities strategist Trevor Murray accused the Swiss lender of illegally firing him in 2012 for blowing the whistle on attempts by traders to influence his research reports.

Banks are looking for ways to capture and retain deposits as interest rates rise, including promotional offers and focusing on relationship banking.

The acquisition will give LCNB its first branch and deposits in the Columbus, Ohio, market.

The company has registered shares that three private equity firms have held since early 2010.

The wealth management firm Boston Private has agreed to sell Anchor Capital Advisors to Anchor’s management team.

Heritage Commerce will pay $32 million for Tri-Valley in a deal that should be accretive to tangible book value and earnings.

The economy is ripe for another downturn in the months or years to come, and banks shouldn’t be lulled into a false sense of security.

Regional and community banks will offer low-cost or no-cost financial products through Bank On, which has already reached agreements with Regions Bank, Wells Fargo and SunTrust.

The deal for the San Diego company would be PNC's second nonbank acquisition in less than a month.

The Wisconsin-based corporate credit union will pay out a 7 percent return to members, a new record for the CU.

The Fed approved an application giving Natcom Bancshares indirect control over Republic Bank, declining to take into account claims the transaction imperils the target's S corporation status.

The company agreed to buy PBB Bancorp in Los Angeles just five weeks after completing its last bank acquisition.

The company will set aside more than $10 million, with most of the provision addressing an issue with a commercial loan.

The $280 million securitization is also expected to boost capital levels and lower Dime's loan-to-deposit ratio.

Jon Stein plans to make Betterment's robo-adviser as personalized and intelligent as the online retailer's recommendation engine.

The market for initial public offerings was the best since 2014, reflecting a surge in bank stocks and a need to fuel expansion plans.

The two Democratic lawmakers sent a letter Monday to the four largest servicing companies asking them to address borrower complaints.

The planned purchase of Home BanCorp will nearly double the size of First Citizens' branch network in the Sunshine State.

The company has agreed to buy Kansas Bank Corp. and Adams Dairy Bancshares in separate transactions.