Investments

Fannie Mae's first-quarter profits were enough for it to rebuild its minimum capital buffer and pay the Treasury Department dividend after being forced to take a draw during the previous fiscal period.

The fintech wants to facilitate loans for elective surgeries, auto repairs and jewelry purchases, but regulatory uncertainty — at the state and federal levels — casts a cloud over its business model.

“Sometimes Washington picks the winners for you,” said Manny Friedman, CEO of the hedge fund EJF Capital.

The firm will pay $110 million to settle charges it didn’t control traders; hedge fund executive says he was wrongfully accused of sexual misconduct.

If Freddie Mac's credit-risk transfer activities continue to grow, mortgage lenders could eventually see a reduction in the guarantee fees they pay to the government-sponsored enterprise, according to CEO Donald Layton.

The $3 billion sale of Financial Engines to Edelman Financial Services puts every investment adviser on notice that the future is in digital wealth management. More deals like it are expected.

Spirit of Texas Bancshares plans to raise $40 million to fund organic growth and acquisitions.

On Dec. 31, 2017. Dollars in thousands.

The 106-year-old bank is looking to raise $90 million, with plans to use half of the funds to redeem outstanding preferred stock.