Financial institutions

Wells Fargo, beset by a wave of government probes into suspected customer abuses, boosted an estimate for potential legal losses by $500 million.

CEO John Turner told investors and analysts Wednesday that the merger of BB&T and SunTrust is not putting pressure on Regions to pursue a deal of its own.

Hometown, which agreed to buy Millbury Savings Bank, has already completed one acquisition this year and has another pending.

Regulators spend considerable time and resources reviewing big mergers and the process shouldn’t be used as a proxy for the “too big to fail” fight.

The 2020 Democratic presidential candidates are far more emboldened to offer radical reforms to the financial system than their predecessors — reforms that could ultimately take hold if one of them wins.

A report identified gaps in documentation and other weaknesses that the watchdog said heighten the risk of agency officials being too cozy with the institutions they supervise.

Year to date through Sep. 30, 2018. Dollars in thousands.

Full-time equivalent, as of Sep. 30, 2018. Dollars in thousands.

Most Efficient Bank Holding Companies

Readers weigh legislative proposals on pot banking, consider JPMorgan's new digital coin, debate the Federal Deposit Insurance Corp.'s brokered deposit rules and more.