DFC Global lowers earnings forecast, shares fall 22 pct.

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It’s bad enough when a stock loses 10 percent of its value over the course of one quarter. It’s even worse when the same stock... Read more

Bryn Mawr Bank to acquire 4-branch MidCoast in Delaware

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Bryn Mawr Bank Corp. will go from one branch to five in the state of Delaware by acquiring MidCoast Community Bancorp Inc. in a transaction... Read more

Royal Bancshares cuts 9 pct. of workforce

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Royal Bancshares of Pennsylvania Inc. has cut 9 percent of its workforce which stood at 152 employees as of Dec. 31. The Narberth-based bank... Read more

Northwestern Mutual donates $4.2M to American College

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Northwestern Mutual Life Insurance Co. donated $4.2 million over the next five years to the American College, a Bryn Mawr-based financial-service... Read more

First Priority Financial will merge with Affinity Bancorp

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First Priority Financial Corp., of Malvern, will combine with Affinity Bancorp Inc., a smaller Berks County bank holding company, in a stock... Read more

Top management turnover at Royal Bancshares

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The three top executives of Royal Bancshares of Pennsylvania Inc., including CEO Robert R. Tabas, will step down by the end of the year. The... Read more

AMG acquires stake in Newtown Square's Veritable

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A Massachusetts asset management firm has agreed to acquire an equity interest in Veritable L.P., a Newtown Square-based firm that manages... Read more

After passing stress test, PNC will boost dividend

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PNC Financial Services Group, one of 15 big banks to pass the Federal Reserve's latest stress tests, will be raising its dividend, but has... Read more