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Steve Streit retained his board seat Monday, but lost two allies, as a large shareholder indicated that it will continue pushing for his ouster.

QCR Holdings in Moline, Ill., has agreed to buy Community State Bank in Ankeny, Iowa.

WASHINGTON — Seven financial trade groups announced Monday that they are banding together to push legislation that would extend banklike data security standards to retailers and nonbank businesses.

Though Catholic credit unions face many of the same challenges others do, they also must contend with some concerns that are specific to serving a religious organization, which is what pushed 11 credit unions that all serve Catholic churches to band together.

Nonperforming commercial-and-industrial loans are soaring, and loans to farmers and construction firms — not just oil and gas companies — are a big reason.

National Credit Union Administration will host a free webinar next month that examines how credit unions can achieve sustained growth using multi-strategic initiatives.

Standard Bank Group Ltd., Africa's biggest bank by assets, said it lost as much as 300 million rand ($19 million) to organized fraud in Japan.

Standard Bank Group Ltd., Africa's biggest bank by assets, said it lost as much as 300 million rand ($19 million) to organized fraud in Japan.

A proxy advisory firm has sided with Financial Institutions in Warsaw, N.Y., in its battle with an activist investor.

Don Tapscott and Alex Tapscott, authors of "Blockchain Revolution," discuss the implications for banks of distributed ledger technology, the pros and cons of private blockchains compared to open networks, how DAOs might eliminate moral hazard, and more.