Finance

The New York bank will double in size while gaining greater access to Long Island and low-cost deposits that should come in handy as interest rates rise.

Premier Asset Management will add $550 million of assets under management to a platform that First Midwest has historically built with organic growth.

Chinese financial-technology investments this year may exceed 2016’s record $10 billion as companies continue to raise funds for expansion and big banks grow their digital services, according to Accenture Plc.

The agreement comes three months after Astoria and New York Community Bancorp called off plans to merge.

Venture capital often moves like a tide. Janet Bannister seeks opportunity that's just a bit farther out.

The Most Influential Women in Payments are the ones taking risks with new ideas and investments, and developing the technology that will forever change the way people handle money. Not only do they set an example for their peers, they are unafraid to learn from newcomers and are diligent about encouraging a freshness and diversity of ideas.

Quona Capital Management Ltd. raised $141 million for the Accion Frontier Inclusion Fund, which will invest in companies that provide financial and other services to underserved customers in emerging markets.

The Spanish bank said it will continue to be Atom’s main strategic investor and keep two seats on its board.

Simultaneous spikes in home prices and mortgage rates have put an unusual squeeze on borrowers' purchasing power and require lenders to be proactive about protecting their loan pipelines.

The San Carlos, Calif., firm is following a similar blueprint as other online lenders — launching with a particular loan product, refining its algorithms, and then seeking to expand into other corners of consumer finance.

A strong economy, an abundance of small businesses and a shakeout from industry consolidation are making the area between Los Angeles and San Diego appealing to bank organizers.

Everybody thinks business travel payments and bookings are a headache, until consumer-style rewards are thrown in.

The Canadian bank completed a months-long trial of technology developed by AlphaPoint, the tech startup said.

A joint venture the California company operates in China opened its first branch in Shanghai in 2012.

It would encourage tighter underwriting of commercial mortgages, something the investors say is sorely needed.

Longer loan terms may be compounding losses when cars are repossessed, a portfolio manager says.

Banks have maintained consumers' trust but must do better explaining to them what they signed up for, according to a J.D. Power survey.

Prosper Marketplace will receive as much as $5 billion in loan funding under a deal that will provide investors an equity stake in the San Francisco company

As part of the closure, the Hong Kong company — whose brand in U.S. banking was closely linked with Mayo — has shut down its widely followed research division.

Capital One co-founder Nigel Morris discusses how his venture capital firm, QED Investors, helps banks and fintechs better understand each other.