Private crop insurers, a group led by Wells Fargo and Ace Ltd., may face losses that exceed $5 billion if this year's U.S. drought is worse than one in 1988, Standard & Poor's said.

Yes, megabanks provide useful, all-in-one services. But their biggest customers challenge the argument that they need financial behemoths to operate globally.

First Midwest Bank in Itasca, Ill., has expanded its ATM network by joining the Allpoint Network.

Yes, megabanks provide useful, all-in-one services. But their biggest customers challenge the argument that financial behemoths should be held together for their sake.

Big businesses' mixed feelings about their large bank partners are especially obvious when the conversation turns to proposed reforms of money-market funds, which corporate treasurers say could increase the power of "too big to fail" banks.

A federal charter for National Consumer Credit Corporations could help community bankers serve (and profit off) low-to-moderate-income consumers.

Ellington Financial in Old Greenwich, Conn., has raised roughly $76.7 million through a public offering and will use the funds to acquire securities and loans.

The banking industry, reeling from public outrage and increased regulation, is proving incapable of finding a champion to replace sidelined JPMorgan Chase CEO Jamie Dimon.

Citigroup became the first Western bank to issue credit cards in China without co-branding from a local financial institution as the government relaxes restrictions in the world's second-largest economy.

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Sound Financial in Seattle is nearing its conversion a fully stock-owned company.

HomeStreet Bank in Seattle has added the U.S. Small Business Administration loans to its menu of services for small and middle-market companies in the Puget Sound region.

Kevin Kabat of Fifth Third and Stephen Steinour of Huntington Bancshares have a lot to win — or lose — if they bid for Citizens Republic of Flint, Mich.

First Financial Bank is working with NCR to upgrade and replace more than 135 ATMs across its three-state footprint.

An unsteady housing market has many banks still sitting on the sidelines, creating opportunity for a nonbank that specializes in buying problem assets.

The U.S. Bank Business Visa Charge Card has no annual or monthly fee and helps small businesses build their credit, manage cash flow and earn rewards, U.S. Bank, a unit of U.S. Bancorp (USB), said Monday.

Technologies like automated underwriting held great promise to manage risk while easing the pain of the mortgage experience for borrowers. But a lack of discipline ushered in an environment where simple rules decide who obtains credit.

After years of questions over whether regulators can impose "source-of-strength" rules, regulators are prepping a clearer standard that would, among other things, give them more oversight of some commercial firms such as Target and Toyota.

Fifth Third Bank is launching a chip-embedded commercial card that will allow the bank's business customers to make payments overseas.