Five former bank employees have been penalized in cases that involve alleged PPP fraud, misappropriation and theft.

The financials sector has had a steady year, with a 10.82% year-to-date (YTD) gain, which is good for fourth-best among the S&P 500’s 11 sectors. But in the wake of the Federal Reserve cutting its ...

A corporate watchdog group commended five banks for making efforts to prevent “politicized debanking,” according to letters ...

PNC Bank plans to acquire Denver-based FirstBank in a $4.1 billion deal that is expected to boost the financial institution’s market share in Arizona.

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Since mergers often result in higher share prices for the acquired company, an anticipated rise in dealmaking among banks has been one reason for a recent surge in regional-bank stocks.

The FirstBank acquisition announced Monday will make PNC the largest bank in the Denver market, and will give PNC more than 70 branches in Arizona. PNC will also grow to roughly $575 billion in assets ...

FirstBank, Colorado’s largest privately-owned bank, has accepted a buyout offer from PNC Financial Services Group, a growing ...

PNC Financial Services Group announced on Monday that it would be acquiring FirstBank Holding Company and its Lakewood-based ...