Financial News: Credit Suisse Scoops UBS Star For Wealth Role

Financial News: Are Investment Bankers Good At Running Banks?

First Financial Bankshares Inc. on Thursday said it reached a deal to buy Sam Houston Financial Corp., the parent of The First State Bank, for $22.2 million.

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SI Financial Group Inc. on Thursday said it plans to reorganize by converting its mutual holding company parent to stock and combining its two separate arms.

U.S. financial stocks lose steam as a report that Deutsche Bank is seeking to raise capital stoked fresh fears over the health of Europe's banking system.

Student financial aid debt at Emporia State increased by 8 percent last year, according to Elaine Henrie, director of the Financial Aid Office. Nationally, students carried an average of $23,200 in debt in 2008, according to the Project on Student Debt, a nonprofit independent research organization. Historically, student debt has risen by 6 percent every [...]

The Korean financial industry is aggressively looking to attract investments from China, which has become a force in the global economy and has amassed the largest amount of foreign currency reserves in the world.