Corporate finance

Greig, who orchestrated FirstMerit's sale to Huntington Bancshares, joined Opus' board last month.

The company's earnings fell 20% from a year earlier, reflecting $5 million in restructuring charges and a higher loan-loss provision.

A one-time capital gain in last year’s first quarter obscured strong loan and deposit growth at BNP Paribas' U.S. subsidiary.

Entegra Financial disclosed that it held First NBC subordinated debt. An impairment charge tied to the bank's failure will lower Entegra's first-quarter profit by $441,000.

Freddie Mac's serious delinquency rate dropped below 1% for the first time since 2008, lending credence to its efforts to expand credit access.

Mastercard is trying very hard to get people to use "Masterpass" as a verb, and there is more to this mindset than promoting the card network's digital wallet.

In an echo of the rescue deals of 2007 and 2008, New Residential's CEO framed the transaction as something undertaken to benefit the entire industry.

One analyst says credit unions must reexamine how they negotiate vendor contracts -- including recognizing that sorting out technology contracts may be above the paygrade of some internal IT executives.

Big data is a key for banks to better understand what financial products underbanked consumers and small businesses need.

The New Jersey company's profit growth was constrained by an 11% increase in compensation and benefits and an 85% jump in consulting fees tied to compliance and other issues.

The Louisiana company also said that credit quality in its energy portfolio improved during the first quarter.

The tech-focused banking company reported loan growth of 15% in a solid first quarter thanks partly to stronger lending to private-equity and venture capital clients.

City National Capital Finance is a nationwide platform with a focus on large and midsize clients. The unit has offices in Florida, Texas, Maryland, North Carolina, Virginia and New York.

The Delaware company reported loan growth and, for the first time in months, no charges tied to an outstanding regulatory order.

The Cincinnati bank's profit-improvement plan is as detailed as it gets, but there is an argument to be made it is heavy on metrics and light on vision.

Joseph Evans will step down as CEO on June 1, though he will remain the company's chairman. Thomas Wiley, a longtime associate of Evans, is set to take the helm.

The onslaught of regulatory actions against Ocwen may open the door for Nationstar to pick up a massive subservicing portfolio from the beleaguered servicer.

The Sun Belt lender also increased fee income and kept expenses down in the first quarter.

In addition to strong membership growth, the CU now boasts $8.1 billion in assets, up by more than 8 percent from last quarter.

KKR & Co. reported first-quarter profit that topped all analyst estimates as payment processor First Data Corp. and other holdings drove gains.