Retail & Commercial

U.S. private-equity investors Wilbur Ross and J. Christopher Flowers are lining up to finance British homebuyers as the country's biggest banks pull back.

Costly due diligence and the heavy demands of institutional investors still make it difficult for aspiring acquirers to pull the trigger on bank M&A.

MBIA lost an appeals court bid to recover from the FDIC at least $244 million of claims and expenses stemming from mortgage-backed securities issued by IndyMac, which failed in 2008.

The Federal Deposit Insurance Corp. responds to two recent posts that cited its underbanked survey results.

First Federal Savings & Loan Association of Bucks County still likes mortgage lending but has turned to sophisticated hedging to manage risk, incoming CEO Jeane Coyle says.

Provident Bank announced Thursday that it had hired John Lynch, a senior financial consultant who will focus on clients in the lower Hudson Valley.

William Loving believes that the banking industry will shrink at a much slower rate than what many predict.

Pacific Mercantile in Costa Mesa, Calif., reported a fourth-quarter loss as expenses rose and a tax benefit dwindled.

The Treasury Department plans to auction its holdings in seven banks, including Flagstar Bancorp (FBC), as it continues to unwind the Troubled Asset Relief Program holdings.

Bank of Farmington in Illinois is launching an investment-services division. The new unit, Bank of Farmington Investment Services, will be headed by financial advisor Chad Mayall.