Retail & Commercial

Center Bancorp hopes it can get business referrals from the partnership, providing more evidence that banks are getting creative to generate revenue.

PNC said in a SEC filing Wednesday that it will record nearly $500 million in charges in the fourth quarter, more than half of which are related to its repurchase of troubled mortgage loans it had previously sold to Fannie Mae and Freddie Mac.

A neighborhood association wants regulators to stop the company and CEO John Kanas from expanding in New York.

Giving regulators more levers to pull and buttons to push with respect to the financial system only creates a false sense of security. The new regulatory powers come with few meaningful accountability checks.

FirstMerit (FMER) of Akron, Ohio, has chosen a veteran banker in the upper Midwest to manage its newly acquired business in Michigan.

ERIE, Penn. – Erie FCU won the bidding today to acquire Glenwood Elementary School, shuttered by city officials in a cost-cutting move last year, for a potential new headquarters and branch.

Banks with Alabama ties capitalize on the home team's national championship in college football — fast.

Bank of America's need to downsize continues to benefit small banks, as Old National acquires branches with $780 million of deposits in two states.

Blackstone Group LP, the largest U.S. private real estate owner, accelerated purchases of single-family homes as prices jumped faster than it anticipated.

Morgan Stanley (MS), the sixth-largest U.S. bank by assets, plans to cut about 1,600 jobs from its investment bank in coming weeks, a person familiar with the matter said.