Financial institutions

The Massachusetts mutual hired two former bankers from Blue Hills Bancorp, which was recently sold to Independent Bank.

Under the plan, large banks would have to hold additional capital if they purchase another bank's "loss-absorbing" debt that is used to contain fallout from a collapse.

New banks need to add loans to turn a profit. The problem for many is finding the lenders necessary to make that happen.

Financial startups are becoming important partners for community banks and credit unions, despite lobbying efforts to limit their growth.

The central bank will hold an open meeting April 8 to consider revisions to "living will" standards and the tailoring of rules for overseas banks.

The Office of the Comptroller of the Currency has promoted Maryann Kennedy to oversee about 800 OCC examiners who supervise the largest banks.

On Dec. 31, 2018. Dollars in thousands, except for average loan amount.

While regulators now seem eager to help, organizers are discovering that they must raise more capital and have diverse business models to get charters approved.

The board of the Federal Deposit Insurance Corp. on Friday made several proposals meant to simplify post-crisis rules, prompting opposition from its most recent former chairman.

Community Bank of the Carolinas must raise about $4 million before becoming the state’s first new bank since the financial crisis.