Banking

The U.S. trustee who oversees the bankruptcy case filed by Hutcheson Medical Center in Fort Oglethorpe, Ga. said the case should be dismissed because the financial condition of the hospital is too far gone.

There's good reason to be wary of government data collection. But not all government data collection is problematic. The facts about particular government data collection programs matter.

Heartland Bancorp in Bloomington, Ill., has agreed to buy National Bancorp in Schaumburg, Ill., Crain's Chicago Business reported.

BB&T in Winston-Salem, N.C., plans to close 25 branches as part of its integration of National Penn Bancshares in Allentown, Pa.

An auto loan company that allegedly offered illegal loans to Oregon residents is being sued by the state's attorney general.

In this post-apocalyptic world of apps and bots, community banks lay in ruin, fintechs come and go, and megabanks dot the vast desert wasteland.

F.N.B. in Pittsburgh has shuffled its management ranks, after John Williams announced his retirement as bank president.

The Treasury Department announced Tuesday that members of the public will have an additional month to submit comments about the online marketplace lending industry.

A look at how Dodd-Frank has affected the banking industry, and what other forces are at play.

The $3.9 billion-asset Luther Burbank Savings has opened retail loan origination offices in several Southern California cities to produce more jumbo mortgages. It is one of several lenders in the region that think jumbo loans are worth the risks to achieve growth.

The Pennsylvania company chose to sell to a much larger bank rather than buy smaller rivals or manage assets to delay added regulatory burden. More banks could follow that example. The only thing missing is interest from regional suitors.

Promontory Financial Group on Tuesday agreed to a $15 million settlement, and a six-month ban from accepting certain new consulting work in New York, to resolve an investigation by the state's department of financial services into its consulting work at Standard Chartered Bank.

Home BancShares in Conway, Ark., has promoted John "Stephen" Tipton to chief operating officer, after the position had been vacant for about five years.

The North Carolina regional bank is placing a big bet that targeting Pennsylvania's high earners will offset the state's reputation for having slower-than-average growth.

The philanthropic arm of Wells Fargo is working with the Department of Energy's National Renewable Energy Laboratory on an incubator that grooms early-stage clean technology startups and validates their products.

Simmons First National in Pine Bluff, Ark., has promoted several executives, as David Bartlett announced his plans to retire as president and chief banking officer.

Bank of New York Mellon has agreed to pay $14.8 million to settle Securities and Exchange Commission allegations that it used its internship program to violate the Foreign Corrupt Practices Act.

Activist investor Joseph Stilwell is demanding that Carroll Bancorp in Sykesville, Md., pick up the pace on stock buybacks.

Target Corp. reached a settlement with Visa Inc. over a hacker attack that struck the chain during the 2013 holiday season and exposed millions of customers' personal information.

Regent Bank in Davie, Fla., has promoted Dawn Calder to the newly created position of chief credit officer.