California

The acquisition is the first for Hope since a transformative merger last year.

The once high-flying company could also face higher legal costs tied to an SEC probe into recent disclosures.

The bank is among a handful of de novos to have its charter approved since 2009.

The company also admitted that certain details in an October press release were inaccurate.

The California bank, grappling with credit-quality issues, did not say when – or if – a successor will be named

First Internet Bancorp is the latest institution to enter the business or to significantly expand operations.

People's Utah Bancorp in American Fork has its next chief financial officer waiting in the wings a year in advance.

The state's highest court ruled that lenders affiliated with Native American tribes are not entitled to sovereign immunity and must comply with state interest rate caps. It marks the latest triumph for consumer groups and state governments that have sought to rein in high-cost consumer lenders.

The phony-accounts scandal at Wells Fargo illustrates how sales quotas can incent bad behavior. Is your bank effectively mitigating the risk of 'managing to metrics'? Or could it be in danger of becoming a 'cargo cult'?

The Treasury Department has significantly reduced its stake in Broadway Financial in Los Angeles.