Capital

The founders of the South Carolina bank, which liquidated after lavish spending and losses depleted its capital, paid a total of $55,000 in fines and face restrictions on future employment.

The banking industry's top advocacy groups can't support giving credit unions capital-raising alternatives, but they are trying to understand the NCUA's complex proposal before filing comment letters against it.

A month into the comment period, NCUA has yet to receive a single response to a proposal that could provide credit unions easier access to market capital. The issue is unusually complex, experts say.

Many customers at Neighborhood National Bank in San Diego offer check-cashing services that draw attention for Bank Secrecy Act compliance.

CapGen, once a vocal critic of management, will cut its holdings to as little as 3% of shares outstanding.

National charters have fallen out of favor in recent years, but that isn't deterring David Dotherow from pursuing one for his Florida de novo.

First Interstate missed out on two chances to snag Cascade before agreeing to buy the company in November, showing the importance of staying in touch with a target.

Oaktree and Thomas H. Lee will still have large positions in the company after the planned sales.

Old Line will have more than $2 billion in assets when it completes the acquisition, its fourth since 2011.

Royal Bancshares in Pa. made tough choices to avoid collapse during the financial crisis

The Louisiana company's call report also indicates that a steep fourth-quarter loss is looming

PNC will add an extra $300 million to its stock buyback program, taking advantage of a little-known Fed rule.

Frank Leto, Bryn Mawr’s CEO, called the acquisition of Royal Bancshares of Pennsylvania a “logical choice” for his company.

The French company will still have a majority stake after selling 25 million shares.

The company said it could use proceeds for repaying debt and acquisitions, among other things.

The merger will create a bank with more than $4 billion in assets.

First Merchants in Muncie, Ind., has agreed to buy Arlington Bank in Upper Arlington, Ohio.

The $1.9 billion deal – the industry's largest announced in 2017 – will create a bank with nearly $20 billion in assets.

The South Carolina company plans to use proceeds for acquisitions and organic growth.

About $12 million of the proceeds will go toward exiting the Small Business Lending Fund.