Investments

The Tennessee regional said the sale should boost quarterly profit by $160 million.

To keep pace with its peers, Morgan Stanley is ramping up its online offerings in banking and wealth management.

Kathy Kraninger has been tight-lipped about her plans for the consumer bureau, but some point to signs that she could curb the agency's power by reducing staff and other costs.

The company and certain investors plan to sell $35 million in stock through the proposed offering.

Former Goldman employee and an NFL player charged in insider trading scheme; Sewing says the bank’s “global ambitions are not up for debate.”

JPMorgan Chase, State Street, Wells Fargo, Citigroup and Bank of America decreased their holdings of tax-exempt bonds by nearly $16 billion in the first half of 2018, according to quarterly filings with the U.S. Securities and Exchange Commission.

The 100 dismissals in asset management follow job cuts in other divisions; the agency cites the lack of protections against fraud and market manipulation.

The regulation implements a recent legislative provision dealing with how banks comply with post-crisis liquidity requirements.

Bank to offer 100 free stock or ETF trades to customers; the BofA unit will deposit uninvested client cash in banks, not money market funds.

FVCBancorp will use part of the proceeds to help pay for its pending acquisition of Colombo Bank.