The Columbus, Ga., company also announced late Monday that it is buying the credit card assets and brokered deposits of the retailer Cabela's and will then sell the card portfolio to Capital One.

Bank earns $75 million for saving Bass Pro Shops's acquisition of rival outdoor retailer; Trump to name Randal Quarles as Fed's vice chairman for bank supervision.

Jack Ma’s Ant Financial Services Group has deep enough pockets to win the bidding war against Euronet Worldwide for MoneyGram, but money may not be the deciding factor in this deal.

Ant Financial raised its agreed offer for MoneyGram International Inc. by 36 percent as the financial-services company controlled by Chinese billionaire Jack Ma tries to top a competing offer and overcome security concerns.

The number of U.S. banks has fallen by 24% since the end of 2010, a result of mergers, failures and a dearth of de novo activity. Here are the 10 states with the biggest declines as a percentage of total banks headquartered in the state, according to Federal Deposit Insurance Corp. data.

The combined institution will have assets of about $1.1 billion and serve more than 91,000 members.

Ant references data breaches connected to Euronet and warns of job losses if the European company were to acquire MoneyGram.

The deal, which is expected to close in the fourth quarter, values Cornerstone at $25.8 million.

Anchor's sale agreement comes less than a year after it put a representative of the activist investor Stilwell Group on its board.

The financial press looks at possible ramifications from Jes Staley's attempt to unmask a whistleblower at the British bank; why has the digital currency failed to live up to eight years of hype?

The deal had been held up by U.K. regulators over concerns about competitive balance.

Opus Bank has added Paul Greig, who was CEO of FirstMerit until its sale in July, as a director.

Bank of Montreal, Canada's oldest lender, has turned to a former investment banker with an interest in continued U.S. expansion to lead the firm into its third century.

Ashton Ryan, who had been removed as CEO in December, had been serving as its president. The New Orleans company also agreed to sell preferred stock to directors to help it make payments tied to its subordinated debt.

Big banks may have scoffed when a gaggle of financial technology upstarts promised to reinvent their business. Now they want to buy them.

The deal, which is expected to close in the fourth quarter, should significantly increase PacWest's operations in Southern California.

The Houston company was formed in 2009 to buy struggling banks in the wake of the financial crisis.

The deal includes $52.6 million in deposits and $13.2 million in loans, and the bank has indicated it plans to close two more locations in Wisconsin in June.

The company will sell five branches in Wisconsin to an unnamed buyer. It also plans to close two locations.

The Tennessee company has been working to resolve a memorandum of understanding tied to its CRE exposure.