Banking

Mark Vitner says Charlotte labor market continues to improve gradually.

Hugh McColl Jr. is supporting a proposed banking concentration at Queens University of Charlotte’s McColl School of Business — and he wants the banking industry to help.

A former Charlotte hedge fund manager pleaded guilty to securities fraud in federal court on Thursday and was released on a $50,000 unsecured bond until sentencing.

CEO Hipp leads bank to a capital milestone by taking an unconventional route

In the shadow of Bank of America’s corporate headquarters, rival JPMorgan Chase celebrated the growth of its middle-market banking team in Charlotte and its move uptown with a meet-and-greet that drew Gov. Pat McCrory.

Chairman Ben Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to slow its extraordinary stimulus programs.

Shareholders of JPMorgan Chase voted Tuesday to let Jamie Dimon keep both the chairman and CEO roles, but they signaled that the bank needed better oversight, giving only narrow approval to three of the bank’s board members.

The number of new North Carolinians receiving help on their mortgages through a massive state and federal settlement slowed in the first quarter as the banks participating near the end of their commitments.

Home Depot Inc.'s first-quarter net income rose 18 percent, thanks to the ongoing housing recovery, despite a chilly and wet spring.

Jamie Dimon, the CEO and chairman of JPMorgan Chase, easily survived a vote Tuesday that would have called on him to give up his role as chairman of the nation's largest bank. But shareholders sent a message that the bank needs better oversight by giving only narrow approval to three of the bank's board members.

Americans got better about paying their credit card debt on time in the first three months of the year, a period when many borrowers use income tax returns to tackle their holiday season debt.

The Small Business Administration says it has lined up pledges from more than 120 banks to increase lending to veterans.

Jamie Dimon, chairman and CEO of the country's biggest bank, faces a key test this week: His shareholders are voting on whether to let him keep both jobs.

As it heads into its second year in the Charlotte market, PNC Bank is scouting locations to open more branches in what is already a highly competitive city for banks.

Foreign demand for U.S. Treasury securities rose to a record level in March, signaling further confidence in U.S. debt.