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Las Vegas-based credit union has rolled 20 consecutive quarters of positive earnings.

Canadian Imperial Bank of Commerce increased its offer for PrivateBancorp Inc. by $3 a share in cash to offset the decline in the bidder's stock price.

The acquisition will make the Tennessee company one of the biggest banks in the Southeast, with assets of more than $40 billion.

Second settlement of the week pushes recoveries by the regulator from MBS suits to $5.1 billion.

Canadian bank CIBC has removed its mobile payment app from the Google Play Store and ended support for it, opting to support mobile payments via Apple Pay and Samsung Pay.

The announcement comes following the signing of a bill legalizing prize-linked savings programs at financial institutions.

Richard Moore, CEO of First Bancorp in North Carolina, believes he can unlock more shareholder value through acquisitions and by taking advantage of disruption elsewhere.

Greig, who orchestrated FirstMerit's sale to Huntington Bancshares, joined Opus' board last month.

The company's earnings fell 20% from a year earlier, reflecting $5 million in restructuring charges and a higher loan-loss provision.

Entegra Financial disclosed that it held First NBC subordinated debt. An impairment charge tied to the bank's failure will lower Entegra's first-quarter profit by $441,000.

The credit union's facilities remain undamaged, but the worst may still be to come if a local dam crests later this week.

Samsung Pay last week went live in four more regions—Hong Kong, Sweden, Switzerland and the UAE—but despite reaching 14 major global markets, it’s still not officially available in the U.K., one of the world’s most active zones for contactless payments.

Visa Inc. has partnered with Dallas-based Active Network, whose customers organize activities and events, to make Visa Checkout available as a payment option at events in the U.S., Canada, Ireland and the U.K.

The new name reflects the seven cooperative principles, including cooperation among cooperatives.

The company, which delisted from the Nasdaq in 2005, is looking to raise up to $64 million through an initial public offering.

The Mississippi company said Mitchell Waycaster will succeed Robin McGraw in May 2018.

Regulator now has recovered nearly $4.8 billion in various suits related to the mortgage meltdown in 2008.

First Bancorp has emerged as one of the few consolidators in North Carolina at a time when many other banks in the state have opted to sell.

U.K.-based TransferWise has enabled online customer verification at its new Asia Pacific base in Singapore, so users need not visit an office to set up an account with TransferWise's cross-border funds-transfer service.

The $34 million acquisition is expected to strengthen Central Valley's banking operations in northern California.