Steven Sugarman was hired to lead the company’s restructuring efforts shortly after the company announced it was embarking on ...

The regulator reportedly gave the asset manager a Jan. 10 deadline to agree to stricter oversight when holding a 10% or ...

HomeStreet CEO Mark Mason said the sale is the bank’s first step in returning to profitability.

The central bank, a day earlier, had said it aims to improve transparency and consider public comment on its stress-testing ...

The bank cautioned in an October filing that it was in talks with regulators over issues with its Bank Secrecy Act compliance ...

Marianne Lake, CEO of consumer and community banking at JPMorgan Chase, worries most about an uneven playing field, where “as ...

The $450 million deal follows the Hawaiian utility company’s agreement last year to put close to $2 billion toward a joint ...

Not every deal crosses the finish line, though. Atlanta Postal Credit Union and Affinity Bank terminated their proposed ...

The Consumer Financial Protection Bureau sued JPMorgan Chase, Bank of America and Wells Fargo on Friday, along with Early Warning Services, the operator of peer-to-peer payments platform Zelle, ...

Federal regulators the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corp. and the Federal Reserve have been cracking down on banks that partner with fintechs to offer ...

Using old bank merger guidelines to evaluate the proposed combination of Capital One and Discover “would amount to regulatory malfeasance,” Sen. Elizabeth Warren, D-MA, wrote Wednesday in a letter to ...

Flagstar Bank must pay $3.5 million to the Securities and Exchange Commission for making allegedly misleading statements about a 2021 cyberattack, the agency said this week. After a hacker gained ...