Finance

The company has agreed to buy Bay Bancorp for $129 million in stock.

The Consumer Financial Protection Bureau's first "National Financial Well-Being Survey" found that a large slice of consumers experience financial hardship.

The company, which agreed to buy Independence Bancshares, also brought in $25 million by selling common and preferred stock.

The company is looking to raise about $115 million. A portion of the proceeds would help pay for Merchants' pending purchase of Joy State Bank.

American Banker's No. 3 Most Powerful Woman in Banking is embracing a major challenge in molding a commercial finance company with a spotty history into a profitable, middle-market bank.

Jia Chen has spent the past two years meeting clients, speaking at industry panels and becoming the face of a resurgent market for synthetic CDOs. Along the way, she's helped establish Citigroup as its dominant player.

Theodora Lau, director of market innovation at AARP, says financial companies and fintechs should consider the over-50 crowd in their app designs.

Grand Mountain Bank raised $7 million to help it exit the crisis-era capital program.

Barbara Byrne is one of the public faces of Barclays, serving as one of its five official delegates at the Davos World Economic Forum.

Under Liz Myers, J.P. Morgan's equity capital markets group has led the industry in such key metrics as number of deals and fees generated for eight years running.

Once a regional operation, U.S. Bank's corporate banking unit has grown into a national powerhouse under Leslie Godridge.

Across asset management, investment banking, capital markets and cards, these finance executives stand out for their performance and for helping to create a path to parity for women in sectors that tend to be even more male-dominated than the banking industry.

As HSBC’s head of global corporate banking, investment banking and capital financing for Latin America, Bouazza is all about change, even when others may not have seen the need for it yet.

A slight decline in core deposits in the second quarter stoked worries that tighter liquidity is around the corner. Bankers are exploring responses beyond the typical CD rate special if third-quarter results show the trend is continuing.

Brookline will pay $56 million in cash and stock for First Commons in a deal that will add $324 million in assets.

LendingPoint, which caters to borrowers with damaged credit records, believes that traditional credit scores are overly pessimistic about the likelihood that certain borrowers will repay.

The cash acquisition allows First American to expand its operations in Kenosha, Wis.

An internal CFPB memo says it was considering a $10 billion fine before settling on $100 million; state suit against credit bureau is likely to be the first of many.

The company has used word of mouth for its marketing, but will use the new funds to reach different channels.

Aside from technology solutions, tech department also frequently run into a shortage of talented, experienced staff who can execute C-level initiatives.