The Latest

Enterprise Bancorp in Lowell, Mass., has purchased the site of a former hotel that recently burned to the ground and plans to put a new branch there.

The payments pioneer is transforming its merchant cash advance into a business loan, a move that has significant legal and regulatory implications.

The management team at Western Alliance Bancorp. has decades of experience with hotel development. The company's pending purchase of a large loan book — and expansion into national hotel lending — will be scrutinized in coming years.

First State Bank of DeKalb County in Fort Payne, Ala., has agreed to buy First Bank of the South in Rainsville, Ala.

Optimizing content for the mobile browser home page and its app is one of several changes Wells Fargo has been making this quarter. The updates underscore the growing importance of mobile.

With rates likely to rise during the next 12 to 18 months, industry insiders and experts weigh in on what your CU can do to prepare for the new interest rate landscape.

Word that Hancock Holding in Mississippi would more than double its loan-loss allowance has triggered broader questions about how the oil slump could spread beyond the energy portfolios of a whole class of banks.

Presidential candidates have called this year for the Federal Reserve to be subject to public audits. Peter Conti-Brown, a Wharton professor and author of "The Power and Independence of the Federal Reserve," explains why he only partially agrees.

The DC District Court handed the insurance giant MetLife a big upset win when it struck down the Financial Stability Oversight Council’s decision to apply a systemically risky label to the firm, but with few other firms facing similar designation, the practical impact of the ruling is uncertain.

Fannie Mae has unveiled a mortgage for borrowers who want to finance energy and water efficiency improvements to their homes.