Financial institutions

Elizabeth Warren, Sheila Bair and other regulatory hawks at a D.C. event hailed the reforms enacted in the wake of the 2008 crisis.

Florida created headaches for the Georgia company during the financial crisis. Increased discipline, and wholesale changes to banking, make the $3 billion purchase of FCB Financial less risky, CEO Kessel Stelling says.

In a 2015 enforcement action, the San Francisco Fed said it had identified problems with the Pasadena, Calif., bank’s BSA and anti-money-laundering compliance programs.

The $2.9 billion deal is the Georgia company's first traditional whole-bank acquisition since 2006. It is also the year's second-biggest bank acquisition.

Leroy Abrahams had previously served as president of the bank's North Central Alabama region.

Vend Lease, which is based in Baltimore, focuses on suppliers and vendors in the hospitality industry.

On Mar. 31, 2018. Dollars in thousands.

On Mar. 31, 2018. Dollars in thousands.

The bank also agreed to pay a $5 million fine to settle allegations over how it obtained consumers' consent.

Goldman’s next CEO pushes for more women in senior roles. Fifth Third’s program to retain new moms is working. And there’s good news and bad news at Bank of America, as it bulks up on female summer interns but pays out millions to an exec fired over sexual harassment claims.

The federal bank regulators are considering roughly a dozen new rulemakings in response to the bill rolling back certain sections of Dodd-Frank.

The Birmingham, Ala., bank also saw lending decline in the quarter as strategic reductions in certain business lending lines offset gains in C&I and consumer.

State Street said it would suspend a share repurchase program and issue common and preferred stock to pay for the deal.

The company has created a municipal group that will focus on nonpublic financing services at a time when loans to bond issuers are declining.

While the regulatory environment is more accommodating for big deals, many regionals still have their reasons for staying on the sidelines.

Assets under custody and administration surged to a record high of $33.6 trillion, the trust bank said in its second-quarter report.

A tempered forecast overshadowed solid second-quarter results at the North Carolina regional bank.

The Cleveland company reported higher investment banking income and kept many expense items in check during the second quarter.

The agency creates “regulatory sandbox” to help develop products, including crypto-based ones; FSOC agrees bank’s failure wouldn’t wreck the financial system.

The Fed's top regulatory official suggested that some banks could get a break from filing resolution plans and see the frequency of their stress tests reduced.