Investment banking

The Chicago-based Hutchinson, Shockey, Erley & Co. focuses exclusively on municipal securities.

Bill Davidson, who heads the company's U.S. technology banking team, will oversee the global expansion efforts.

Royal Bank of Canada fired its U.S. investment banking chief Blair Fleming because he failed to disclose that he was having an improper relationship with an employee.

The investment bank agreed to buy Business Bancshares in St. Louis.

The German banking giant isn’t targeting a specific level of cuts in the U.S. and the final figure will depend on each business line’s decisions, a source said. The U.S. makes up about one-tenth of its global workforce.

The measures will lead to a “significant reduction” in the roughly 97,100-person workforce this year, the German banking giant said.

Live Oak Bancshares wants its next bank president to “step on the gas” as it accelerates growth into new industries.

The Cleveland company's acquisition of a boutique investment banking firm contributed to an increase in its fee income.

Barclays has been gauging clients' interest in the British bank starting a cryptocurrency trading desk, potentially joining Goldman Sachs in pioneering a new business on Wall Street, according to people with knowledge of the matter.

Bank of America Corp. hit a milestone in its years-long effort to get costs under control.