The Latest

Flagstar Bancorp in Troy, Mich., has picked Andrew Ottaway for the newly created position of managing director of lending.

The $1 billion-asset Charter said in a press release Thursday that it will pay $58.8 million, or $20.50 a share for the $369 million-asset parent of Community Bank of the South.

First Republic Bank in San Francisco has extended the contract of longtime Chairman and Chief Executive James Herbert for another two years.

WASHINGTON — The Consumer Financial Protection Bureau announced Thursday that it had hit Clarity Services, a Florida-based consumer credit reporting company, with an $8 million fine over Fair Credit Reporting Act violations.

Goldman Sachs is seeking to create its own cryptocurrency for post-trade settlement, according to a recently released patent filing.

The $140 million-asset company said in a press release Thursday that Martin May would also become its president.

Wednesday’s mass shooting at a county facility that serves people with developmental disabilities hit very close to home for two local credit unions.

The price hike represents a significant shift in strategy for the company, which has frequently touted its pro-consumer bona fides.

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Huntington Bancshares in Columbus, Ohio, has brought on industry veteran Tom Wirth to fill the newly created position of auto finance product and strategy director.