The Latest

Young college graduates, including those who are still paying off student loans, are more likely to buy a home than their peers who did not go to college, according to a report from Navient and Ipsos.

The Credit Union National Association has released a new Financial Flash entitled “Concentration Risk: Guidance on Policy and Metrics.”

PacWest Bancorp in Los Angeles reported higher quarterly profit led by its acquisition of Square 1 Financial in Durham, N.C.

The hardest part of converting a thrift is establishing a "culture of high performance" and shareholder accountability, says Andrew Samuel, CEO at Sunshine Bancorp, in Plant City, Fla. Sunshine converted to a stock-owned company in July 2014.

Rather than rush its proposal to regulate short-term lenders, the Consumer Financial Protection Bureau should carefully weigh the consequences of potentially driving lenders out of the market.

Two U.S. regulators said that tougher rules to strengthen the nation's financial system had not impaired the functioning of the bond market, and even if liquidity may have been affected for some types of securities, this was balanced by the benefit of safer banks.

Profits soared at First Republic Bank in San Francisco thanks to lending growth in several categories and its expansion in wealth management.

A month after introducing the Express Business Loan for its customers, Eastern Bank in Boston says it is in talks with several banks across the U.S. to license the product.

Xceed Financial Credit Union will transition its in-house DNA account processing to a Fiserv-hosted data center to expand its strategic opportunities and focus on members.

BBVA Bancomer is partnering with media giant Univision to launch a digital money transfer service for the Hispanic population in the U.S.