Flowers Foods Inc. will acquire the majority of Hostess' bread brands and bakery operations, pending bankruptcy court approval, the Toledo Blade reports. Thomasville, Ga.-based Flowers' (NYSE:FLO) $360 million stalking horse...

Megaupload founder Kim Dotcom holds a press conference ahead of the launch of a new file-sharing website called "Mega" at his Coatesville mansion in Auckland, New Zealand, last January.(Photo: Richard Robinson, AP) Story...

As part of asset sales in its recovery plan, the Royal Bank of Scotland (RBS) reportedly plans to sell a stake in Citizens Financial Group through an IPO in two years....

JGB Bank promoted Carlos Bell to president and CEO, replacing Abel Iglesias. Bell has been with the Doral-based bank since 1995, most recently as CFO and COO. Iglesias served as...

The Philadelphia Inquirer reports that the compensation borrowers will receive out of the $9.3 billion settlement with mortgage companies over their foreclosure and servicing practices will range from "hundreds of dollars up...

Nearly one-third of Florida-based banks failed a “stress test” for an economic downturn by Trepp LLC, the South Florida Business Journal reports. The New York-based firm analyzed banks based...

Putting even more chips down on the new wave of condo construction, Regions Bank provided a $25 million construction mortgage for The Related Group’s 1100 Millecento condominium in Miami. The...

Story Highlights Turkey PM equates Zionism with a crime against humanity White House issued a statement condemning remarks Official: Erdogan comments have a 'corrosive' effect on U.S.-Turkey relations ANKARA, Turkey (AP) — A...