Investments

Investors should ask questions about the market necessity of the coin, which economic model underpins it, and how transparent the company is being about its progress to date, writes Shidan Gouran, president and COO of Global Blockchain Technologies Corp.

There's talk of a bubble, but cryptocurrency creates value in different ways, so traditional market analysis doesn’t work, writes Mariam Nishanian, a representative for Dentacoin.

Most of Sterling Bancorp's operations are in San Francisco and Los Angeles. The company plans to use some of the $93 million it will raise to expand in New York and Seattle.

The banks' newest offerings hope to attract young clients and keep them there for life. But they face stiff competition.

As the digital currency skyrockets there are plenty of opinions on the sustainability of the rally.

CME Group plans to offer bitcoin futures contracts by yearend, a sign that financial institutions may be getting ready to trade financial products tied to digital currencies.

The company plans to use some of the offering's $48 million in proceeds to redeem preferred stock.

A “neat” or “cool” idea may have garnered attention at the end of 2016, but the market has advanced to the point where a solid business idea that either addresses an unmet need and/or creates a significant cost savings is required to stand out from the crowd, writes Mariam Nishanian, a representative of Dentacoin.

The bank is looking to raise $72 million, which it could use for organic growth and acquisitions.

Banks are swapping out long-term holdings for short-term securities to manage interest rate risk. But in the process, they are sacrificing yield — and ammo they might need to pay more for deposits to retain customers.

Bank fires four forex traders, while the OCC slams its auto lending practices; United wants to renegotiate its co-branded credit card agreement with JPM.

Recent regulatory reform activity is a step in the right direction, but the changes envisioned in both a Treasury Department report and a suite of House bills are a mixed bag.

Bank of America set aside $100 million in its reserves for representation and warranty claims ahead of a pending settlement to resolve legacy mortgage issues.

Metropolitan in N.Y. plans to use its IPO proceeds to fuel CRE and commercial loan growth

On Jun. 30, 2017. Dollars in thousands.

While some aspects of the plan would hurt, lower corporate tax rate would increase bank earnings; Wall Street firm thinks the majority of its clients prefer human advisers.

House Democrats are lobbying for a bill to reform the way banks charge overdraft fees, but recognizing that Republicans are unlikely to take up the legislation, they are hoping the CFPB can act on its own.

The company is looking to raise about $115 million. A portion of the proceeds would help pay for Merchants' pending purchase of Joy State Bank.

Millennials want mobile-first digital advice, and will invest millions on such platforms.

The lack of progress by the Trump administration with an examination of hedge fund risks is particularly troubling in light of key Trump backers’ ties to the hedge fund industry.