Bankruptcy Blogs

The panel will vote on economist Richard Clarida to be vice chairman of the Fed board and Michelle “Miki” Bowman to take a seat designated for a community banking expert.

Live Oak is the latest bank to jump into this niche lending area. But some warn they are beginning to see cracks in credit quality.

Closing branches might be good for cost control, but it can also diminish the ability to gather core deposits. Banks with $2 billion to $10 billion of assets — which are ranked here by three-year average returns on equity — are learning this the hard way.

Robert Broeksmit, a career mortgage industry executive, will succeed David Stevens as the president and CEO of the Mortgage Bankers Association.

First Midwest Bancorp has agreed to buy Northern States Financial in Waukegan, Ill., for $91 million.