Investments

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.

The Securities and Exchange Commission moved to require states and local governments to disclose bank loans and privately placed debt, seeking to address concerns that bondholders are being left in the dark about a fast-growing segment of public finance.

CEO Nandita Bakhshi explains how the bank is investing in renewable energy, female entrepreneurs and underserved consumers.

Keith Mestrich, who runs the union-founded bank, plans to use a more liquid stock to pursue acquisitions in cities such as Boston, Seattle and Los Angeles.

The funds have brought in record amounts thanks to lowered fees and more salespeople; ex-Goldman managing director says in suit he was blamed for trades.

Huntington Bancshares is acquiring Hutchinson Shockey as both look to broaden their public finance reach.

The logistics company said it intends to use the funds to invest in supply chain technology and serve merchants on its platform, which connects scooter-riding drivers in about 400 cities with about 1.2 million online merchants and delivers everything from packages to groceries.