Americas

PNC Financial Services Group in Pittsburgh may have to pay $390 million, including $35.5 million in punitive damages, for the role an acquisition had allegedly played in a major fraud scheme.

HomeBancorp in Tampa, Fla., has raised $16.5 million in capital.

McKenzie Banking in McKenzie, Tenn., has agreed to buy Farmers Bank in Woodland Mills, Tenn.

ANACONDA, Mont. — Visitors to Southwest Montana Community FCU's web site over the weekend got a disturbing welcome — a black screen bearing an ISIS logo and the words "Hacked By Islamic State (ISIS)."

MADISON, Wis. — A new report from Filene Research Institute spelled out some of the challenges facing women in the credit union community.

Few would dispute that the U.S. ought to move to a faster payment system. But the hurdles to modernizing the infrastructure are daunting, said participants in a panel at this week's Retail Banking 2015 conference.

NEW YORK — A new resource for small, minority-owned and faith-based credit union made its debut earlier this month.

Great Western Bancorp in Sioux Falls, S.D., plans to record a spike in credit costs during the first quarter as it deals with issues tied to certain commercial loans.

Western Alliance Bancorp. in Phoenix has agreed to buy Bridge Capital Holdings in San Jose, Calif.

Citizens Financial Group has hired Eric Aboaf as chief financial officer, as John Fawcett said he will retire from that position next month.