banking

The team behind the proposed Fortuna Bank has submitted charter applications with state and federal regulators and hopes to open later this year.

The economy is tanking, with massive layoffs and bankruptcies. But the richest sliver of the country continues to do quite well. The latest evidence: Goldman Sachs said it's raking in money on trades.

The dramatic collapse of the U.S. economy is pummeling America's largest banks. Wells Fargo has posted its first quarterly loss since 2008 and JPMorgan Chase has set aside billions to cover bad loans.

The number of local banks in Ohio has been cut in half since the 1990s.In their absence, people are turning to online banking options, but unreliable…

Elizabeth Duke and James Quigley were scheduled to testify. Democrats last week said Wells Fargo was slow to "correct serious deficiencies in its infrastructure for managing risks to consumers."

Most states have legalized marijuana in some form. But federal law still considers it an illegal drug, which exposes banks to legal risk if they handle weed-related money or transactions.

Ohio's first new bank since the Great Recession opens its doors in Bexley on Monday.Ohio State Bank's location on Main Street is a temporary one.…

The House gave final passage to a bill that would allow banks with up to $250 billion in assets to escape some of the toughest regulations under the 2010 law meant to shore up the financial system.

Some consumers were charged too much to extend the lock on their mortgage interest rates, and the bank's mandatory insurance program added unneeded costs and fees to borrowers' auto loans.

Bank of America is planning to open 500 new branches across the country, and to expand in Ohio, targeting Cincinnati, Cleveland and Columbus. William...