Several banks could lose money over tax credits tied to DC Solar, a California firm wrestling with a fraud claim.
The California company could charge off $15 million because of allegedly fraudulent acts by an employee at one of its correspondent customers.
Valley Bank spent millions on bank acquisitions under its previous CEO. Its new leader has taken a markedly different approach.
Pacific Mercantile and P2Bi are collaborating on a program to help businesses that are not ready for traditional bank financing.
Karen Mills, who led the Small Business Administration from 2009 to 2013, is joining the Eastern Bank spinoff Numerated as an adviser and investor as it tries to bring online-lending technology to community banks.
SalesPhysics was created by industry veterans who once worked at Bank of America.
The Mississippi company will pay more than $200 million for the parent companies of Texas Star Bank and Summit Bank.
Concerns about an economic slowdown, rising deposit prices and cybersecurity abound, a survey found.
The former credit union will shed its mutual status when it becomes a fully stock-owned company.
Kelly Skalicky has succeeded her father as CEO of the Minnesota bank.
