The Latest

Though several banks have begun automating financial advice for smaller investors, some are also providing more personalized services — such as counseling family members who have suddenly inherited a fortune.

Lakeland Financial Corp. in Warsaw, Ind., said its second-quarter profit rose 13% to $12.8 million on loan and deposit growth and higher net interest income.

A recent government report says Britain's vote to leave the EU could have a lasting impact on the U.S. economy.

First South Bancorp in Washington, N.C., has acquired a portfolio of mortgage servicing rights.

Now that Verizon has nailed down a deal to buy Yahoo's search and advertising business, it's starting to look a lot more like Google — and it might even have the tools to take a second stab at the payments industry.

Once skeptical of robo advisers, retail banks are starting to embrace them. Several big banks are getting into the business, mostly by forming partnerships with fintech companies. Smaller banks are expected to soon follow suit.

B of A says customers are becoming inundated with wallet options, so they are holding out on building their own.

EverBank Financial, the largest bank based in Florida by deposits, is exploring a sale after receiving interest from a potential suitor, according to people familiar with the matter.

Regulators sought to limit improper contact between lenders and appraisers, but policies of the two mortgage giants encourage the kind of practices that contributed to the housing crisis.

The United Kingdom's vote last month to leave the European Union could pose a lasting threat to the global financial system that could spill over into the U.S. economy, according to the Office of Financial Research.