A PrivateBancorp investor is urging other shareholders to reject the Chicago company's proposed sale to CIBC in Toronto.

Citizens Bank is the latest to partner with a robo-adviser, but it plans to quickly make the digital investment advice its own.

Needham Bank in Massachusetts has hired a banking veteran as its next chief executive.

Citi's Debby Hopkins is retiring at the end of this year and Fidelity's Abigail Johnson is taking over for her father as its new chairman. Beth Mooney, Morgan Cambern, Claire Calmejane, and other execs talk about the impact fintech has had in their jobs and why technology should be embraced and not feared. Meanwhile, Citi faces a suit from a former trader over its alleged "Bro's Club" practices.

The billionaire investor will soon step down from the New Jersey company's board as he prepares to become Commerce secretary. The appointment, however, shouldn't force any changes in his firm's holdings or its investment in the banking sector.

The smallness of in-store branches used to be a liability, but with the industry's changing landscape, strategically placed "alternative branches" make more sense today.

A pair of First BanCorp's biggest investors will partially liquidate holdings in the San Juan, Puerto Rico, company.

TriCo Bancshares in Chico, Calif., has hired a Wintrust Financial executive as its chief operating officer.

The credit reporting firm TransUnion has unveiled a new partnership that is designed to provide more thorough data to investors in marketplace loans.

Horizon Bancorp in Michigan City, Ind., has restructured its balance sheet to improve its margins and financial returns.

CenterState Banks in Winter Haven, Fla., has agreed to buy Gateway Financial Holdings of Florida in Daytona Beach.

Anthony Labozzetta, CEO of Sussex Bancorp in New Jersey, isn't afraid of change. His unusual approach to banking helped Sussex emerge from the financial crisis with momentum. Now he's building a branch model that could serve as a blueprint for growth-minded banks.

You'd rather have a heart surgeon who has done a lot of bypasses than a novice, right? Perhaps the same thinking should apply to commercial lenders, according to several university researchers challenging the orthodoxy that making too many of the same kind of loans can only spell doom.

Treasury Secretary-designate Steven Mnuchin's plan to remove Fannie Mae and Freddie Mac from government control could mean increased competition for lenders' loans. But it could also prompt a rise in mortgage rates.

Some banks are set to get a fourth-quarter earnings boost from their MSR portfolios, thanks to a sudden spike in yields on Treasury bonds. Add to that the prospect of further rate hikes and the potential dismantling of Basel III, and more banks could be encouraged to re-enter the servicing business.

Several non-U.S. core systems providers are trying to make American banks their clients, but they still face challenges penetrating an entrenched marketplace.

The decisions by JPMorgan Chase, Fifth Third and other banks to keep subprime auto lending in check look wise after new delinquency data from the New York Fed.

NewDominion Bank created a new slogan and marketing campaign to target younger prospects and newcomers to Charlotte, N.C. Only time will tell if the effort will succeed and help the bank survive on its own.

Consumers' providing bank credentials to third-party services is akin to handing over their house keys. To mitigate screen-scraping risks, banks and fintech companies must first address issues related to security, transparency and control.

Heritage Oaks Bancorp in Paso Robles, Calif., has been freed from a consent order tied to Bank Secrecy Act and anti-money-laundering compliance.