Banking

While banks have been backing away from branching, a recent study by SNL Financial that credit unions have been adding more new branches the last couple of years.

The global market turmoil could be good for mortgage lenders if a further drop in long-term interest rates sparks another refinancing wave. It also could spell trouble for those that have not properly hedged their servicing rights.

When the hurricane hit the Gulf Coast nearly a decade ago, it brought with it unimaginable destruction. Still, it also allowed the area's banks a chance to work together, connect with clients and work toward a stronger future.

Stock fluctuations will fuel investment banking fees in the short run, but a prolonged shock would complicate bank M&A and could tighten margins, crimp wealth management fees and present other risks.

WASHINGTON — A Federal Deposit Insurance Corp. publication on Monday advised banks to include cyber risk in standard disaster-planning and business-continuity exercises as part of general strategic-planning discussions.

Freshly minted Capify combines subsidiaries in the U.S., U.K., Canada and Australia, aiming to strike multinational partnerships.

Google is pitching its lightweight laptops to enterprises such as banks. But bankers say the devices are not yet a match for financial institutions' intense computing needs.

For proof that events in emerging markets can influence capital markets in the rest of the world, one need only look at the developments of the last few weeks.

Families that use state-issued EBT cards often face ATM fees that eat away at their already-meager incomes. Banks should waive those fees in order to ensure that all public assistance dollars go toward household needs.

A Kentucky town has filed for bankruptcy, the result of a contract dispute with a local company. It became the first municipality to file for bankruptcy since Detroit did so two years ago.

A Kentucky town has filed for bankruptcy, the result of a contract dispute with a local company. It became the first municipality to file for bankruptcy since Detroit did so two years ago.

When the folks who run the LeBron James Family Foundation want to track the academic progress of students it helps, they turn to an unlikely developer of software programs: JPMorgan Chase & Co.

First Financial Northwest in Renton, Wash., has added a former Sandler O'Neill investment banker and a PacWest Bancorp director to its board.

Santa Cruz County Bank in California has named Angelo DeBernardo its chief lending officer.

Cecil Bancorp in Elkton, Md., has been ordered by federal regulators to raise more capital or sell itself.

First Horizon National in Memphis, Tenn., is giving itself another two months to complete its purchase of TrustAtlantic Financial.

United Bancshares in Columbus Grove, Ohio, has resolved a looming hole in its lineup — chief financial officer. Anthony Eramo will start Sept. 5 as CFO of the $629 million-asset company and its subsidiary, Union Bank Co.

Wells Fargo is touring music festivals, rodeos and other local events around the country with an Oculus Rift headset consumers can try on, part of a trend of banks using unconventional tactics to promote their brands.

Nothing touches off an argument more than questions about whether the CFPB will allow any marketing services agreements to continue. Some mortgage lenders say no and are winding down their agreements, others insist regulators can be satisfied, and still others are just plain confused.

The global loan platforms present an extreme example of the ongoing clash between the fast-moving financial technology sphere and the staid world of financial regulation.