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Regions Financial in Birmingham, Ala., has bought a business that manages low-income housing tax credits.
October 17 -
Northwest Bancshares in Warren, Pa., has agreed to buy Winans Insurance & Employee Benefits in Warren.
October 17 -
WSFS Financial in Wilmington, Del., has bought the assets of West Capital Management in Philadelphia.
October 17 -
As a result of the SEC's latest reforms, today's money-market funds are very different products than their precrisis predecessors. Calls for additional layers of burdensome regulation over this industry are unwarranted.
October 17
Investment Company Institute -
Breaking News This MorningB of A beats: Bank of America reported earnings of $4.96 billion, or 41 cents a share, for the third quarter, compared to $4.62 billion, or 38 cents a share, in the same period of 2015. That beat analyst estimates of 34 cents a share. Revenue rose about 3% to $21.6 billion, beating Street forecasts of $20.97 billion.
October 17 -
Bank of America, the second-biggest U.S. lender by assets, said third-quarter profit rose 7.3%, beating analysts estimates, as revenue from fixed-income trading was better than predicted and expenses fell.
October 17 -
Tablet-based point of sale terminals may look sleek and modern, but under the hood they must wrestle with many of the same challenges that older hardware faces.
October 16 -
By any account, cash still reigns in Latin America. The World Bank estimates that just one in five in the region has a credit card, and most residents still lack access to a financial institution.
October 16 -
Mobile transactions are getting faster and more efficient. As smartphones become more ubiquitous, more consumers are ready to pull out their phones to make a paymentand expect the option to do so.
October 16
Brillo -
Dorothy Savarese, the head of Cape Cod Five Cents Savings Bank in Massachusetts, seeks a financial system where the rules encourage community banks and big banks to do the things that they are best at.
October 14


