Investments

U.S. banks reduced their holdings of state and local government bonds for the first time since 2009 after the federal government slashed corporate tax rates, according to figures released by the Federal Reserve Thursday.

Agency says it wants “smaller memberships to ensure streamlined discussions;” the bank hired a U.K. firm to help it better defend against cyberattacks.

Brand Group in Georgia was mulling a public offering but it opted to test the waters as a seller first. That decision led to one of the biggest bank deals announced this year.

Most big banks are launching robo-advisers to compete for a new breed of wealth management customer. The risk is that automated services will disappoint traditional customers.

Despite Tuesday's blip, many banks have seen double-digit gains in the months since the Dodd-Frank reform law was unveiled. There's good reason to think the run-up will continue.

At the CUNA CFO Council conference, credit union professionals shared their strategies for competitive deposit pricing.

Venu Krishnamurthy is joining the asset management giant at a time when it is reorganizing itself and tinkering with product offerings to ward off fintechs and other challengers.

With all the attention around more women running for office, women's marches, and the #MeToo movement, there is growing demand for investment options that support women too, says Veris' Luisamarie Ruiz Carlile.

James Ayers' stake in the Tennessee company will drop below 50% after a planned stock offering.

While reform legislation for banks is just around the corner, market signals suggest the economy could be headed toward another downturn.

Total loans at Old Dominion National Bank have tripled since 2016.

There's no reason that today's millennial-friendly microinvesting apps can't switch focus from spare change to real assets, industry executives warn.

A federal appeals court overturned part of the 2010 law’s risk retention rule earlier this year. The legal battle highlights mistakes to be avoided during the next reform fight.

The California company ended up selling 1 million more shares than it had originally planned to offer.

A planned stock offering by the French banking giant would lower its stake in First Hawaiian to 49.9%.

Capital One Financial Corp. plans to repurchase shares following the sale of $17 billion in mortgages to a Credit Suisse subsidiary.

Hedge fund apparently likes the bank’s corporate services business; Michael Piwowar is credited with “jump-starting” the agency’s deregulatory push.

This deal is the fifth investment for Gulf Capital in the technology sector and is part of its efforts to develop the payment and digital financial transaction sector in the area.

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.