Corporate finance

The Tennessee company also set high expectations for revenue opportunities while projecting it will deliver a 15% return on equity in 2019.

The business faces a difficult comparison to last year, when activity spiked after Donald Trump’s surprising presidential election win, executives at the companies said.

Recent growth has come through acquisitions, including the 2015 purchase of a transportation finance business from General Electric and the 2011 takeover of Milwaukee-based Marshall & Ilsley.

The expected refund is tied to loans that investors bought when they acquired the failed BankUnited in 2009.

Malvern Bancorp’s restatement of nearly four years of results worked out in its favor, but it had to acknowledge — and explain — the reason: Outside accountants spotted a problem in its financial-reporting controls.

Royal Bank of Canada showed it can defy expectations even while being more selective in lending.

For remaking East West Bank from a small savings institution into a $36.3 billion-asset player with a seat on the front lines of U.S.-China relations — all while churning out record earnings year after year — American Banker is recognizing Ng for being a "Consistent Performer" as part of our 2017 Banker of the Year awards.

The Pittsburgh bank is counting on its acquisition of the Trout Group to help strengthen ties with clients in the life sciences, biotechnology, pharmaceutical and medical device sectors.

Beth Mooney is taking KeyCorp to new heights through bold dealmaking and with a relentless commitment to doing what's right for customers, employees and communities.

Bank ponders assisting customers trading digital currency futures; banks still face challenges despite a good third quarter.

It was mostly good news for banks in the Federal Deposit Insurance Corp.'s Quarterly Banking Profile, with higher earnings and net interest margins. But there were concerns as well, including slower loan and deposit growth.

The agency's Quarterly Banking Profile said banks earned $47.9 billion in the third quarter, helped by a 7.4% increase in net interest income from the previous year.

Improving gender equality could significantly boost growth in advanced economies over the coming decades, according to Citigroup Inc.

TruSight will assess, validate and monitor vendors on behalf of the consortium, which is expected to expand.

Over the years, Square has evolved from a supplier of simple card readers to a provider of diverse omnichannel services. But the consumer market has always eluded it.

The San Francisco-based lender still posted losses in its portfolio, although those declined considerably from the year-ago period.

Ira Robbins, the CEO-in-waiting at Valley National Bancorp, will have to complete a major acquisition, make the bank more competitive on returns and costs and tackle other difficult tasks after taking over for Gerald Lipkin.

The card is Starbucks' first product with Chase since the companies agreed early in 2016 to make Chase Pay part of the Starbucks app when it became available.

Apple's digital services group, which includes Apple Pay, generated $8.5 billion in revenue in the quarter for Apple, a jump of 34% from the previous year.

Fannie Mae servicers are facing pressure from the recent hurricanes, but so far are bearing up under the strain.