Fintech

The Washington company will have more than $1 billion in assets in Southern California when the $87 million deal closes.

The P2P service, based on the time its users spend with it, has the capability of luring users into other services attached to Venmo.

The $64 million acquisition is the first for Investors since it was freed from a regulatory order tied to Bank Secrecy Act compliance.

The brokerage expects customers will use conversational tech to check accounts and perform other financial transactions while stuck in traffic.

A company that operates mostly in rural markets is finally making a push into the thriving mid-Atlantic markets of Washington and Baltimore with its deal for Old Line Bancshares.

Second-quarter earnings at the Chicago custody bank were flat as increased interest costs offset better yields and fee income held steady.

Shelby Community has just 1,000 members and $5 million in assets and will complete the merger into 1st Liberty by the end of August.

WesBanco, which is based in West Virginia, will have more than $15 billion in assets when it completes the acquisition.

While loan growth continues to outpace competitors, Discover says it has been tightening its standards, given the late stage of the credit cycle.

KeyCorp, Regions Financial and others have sacrificed short-term profits to avoid being crushed by an anticipated decline in interest rates.