Americas

SunTrust sold an insurance financing unit that it deemed noncore, but it is on the lookout to buy more complementary businesses such as a CRE lender it acquired last year.

Credit union trade associations applaud as legislation moves forward with bipartisan support.

The Tennessee company also set high expectations for revenue opportunities while projecting it will deliver a 15% return on equity in 2019.

Eagle Bancorp vigorously defended itself after a potential short seller made claims of dubious insider dealings, pushing back harder than many banks have in the past.

The combination of the two Orange County-based credit unions will create a $1.4 billion-asset institution.

Alabama-based CU had operated under conservatorship since June.

The company agreed to buy TCSB Bancorp, the parent of Traverse City State Bank, for $63 million.

Richard Cordray, whose resignation as director of the Consumer Financial Protection Bureau sparked a battle over the agency's leadership, plans to announce on Tuesday he's running for Ohio governor as a Democrat.

The expected refund is tied to loans that investors bought when they acquired the failed BankUnited in 2009.

Eagle is trying to debunk claims by Aurelius Value that CEO Ronald Paul and other directors are involved in an insider loan scheme. Eagle dismissed the report as an effort by short sellers to manipulate its stock.