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MainSource Financial Group in Greensburg, Ind., has named Erin Hoeflinger, president of Anthem Blue Cross Blue Shield in Ohio, to its board and to that of its MainSource Bank.
July 24 -
Sun Bancorp in Mount Laurel, N.J., has appointed wealth-management executive Grace Torres to its board and to the board of Sun National Bank. Torres will join the board's audit and risk committees.
July 24 -
Capital One Financial in McLean, Va., took a beating in the stock market Friday, the day after it reported dismal second-quarter results and announced a wave of la
July 24 -
South State in Columbia, S.C., reported higher second-quarter profit on improved levels of efficiency and a decline in merger-related expenses.
July 24 -
Sen. Susan Collins successfully added a measure to an appropriations bill that would allow the FDIC, OCC and Fed to exempt banks with less than $10 billion of assets from regulations that they deem unnecessary or burdensome, which some observers said could have a big impact.
July 24 -
A Senate bill passed late Thursday provides additional funding but it also requires enhanced reporting on lending and credit quality from SBA. The measure is headed to the House.
July 24 -
"Stay tuned" for the Houston bank's first deal since April 2014, CEO David Zalman tells investors.
July 24 -
The bankruptcy of Wingspan Portfolio Advisors epitomizes the existential crisis facing default servicing. This once-thriving sector of the mortgage industry now finds itself declining in lockstep with the drop in loan delinquencies and foreclosures.
July 24 -
If the decision by the New York appeals court is upheld, banks and other lenders could have trouble finding buyers for credit card and other consumer loans.
July 24 -
Glacier Bancorp in Kalispell, Mont., reported higher second-quarter profit from growth in both lending and fee-based services.
July 24





