The Latest

Rep. Sean Duffy, R-Wis., is pressing the Federal Deposit Insurance Corp. for information on how it will ensure financial stability in the wake of Puerto Rico's debt crisis.

Bank of America shareholders will vote Sept. 22 on whether its board was right to grant Chief Executive Brian Moynihan the additional title of chairman last year.

Goldman Sachs Group agreed to acquire an online banking unit from General Electric that has about $16 billion of deposits.

This year marks the 40th anniversary of Jaws, the movie that shattered box office records, changed the feature business, and spawned the summer movie blockbuster. What does that have to do with banking? Well, much like how Spielberg's giant shark film signaled the end of Hollywood's formulaic monster movie factory, branch transformation is determining which institutions stay in the financial game and which ones become lunch.

As the Small Business Administration's flagship 7(a) loan program breaks records, its other loan program stagnates. Advocates for so-called 504 loans hope a drive to permit CRE refinancing will inject new life.

As the Small Business Administration's flagship 7(a) loan program breaks records, its other loan program stagnates. Advocates for so-called 504 loans hope a drive to permit CRE refinancing will inject new life.

Banc of California in Irvine is looking for a new chief financial officer, after Ronald Nicolas announced his resignation.

Banks, marketplace lenders and other nonbank lenders were dealt a setback when a federal appeals court declined to reconsider a ruling that has set off alarm bells across the consumer finance industry.

First NBC Bank Holding in New Orleans has delayed the release of its 10-Q, after it discovered an accounting error.

Just 8% of U.S. mortgage origination volume in the second quarter went to borrowers with subprime credit scores, according to new research by the New York Fed. The findings suggest that mortgage standards have loosened only slightly, if at all.