Conservative Supreme Court seems open to an attack on the Securities and Exchange Commission

The case is just one of several this term in which conservative and business interests are urging the court to constrict federal regulators.

Franklin Savings Bank promotes Beckie Bowering to assistant vice president, cash management officer

Maine to receive $30,000 from mortgage processing snafu

ACI Payments mistakenly withdrew billons of dollars from mortgage holders during a software test.

Climate demonstrators call for L.L. Bean to discourage fossil fuel investment

Demonstrators have been stationed outside the Freeport flagship retail store for weeks, calling for the company to discourage Citibank from investing in new fossil fuel infrastructure or to divest entirely.

Cannabis businesses boom in Maine, but access to banking’s a bust

The state's industry is maturing and could bring in revenue of nearly $200 million this year. But even now, many companies are forced to operate on a cash-only basis.

Bank offers first Islamic mortgages based in Maine

The program is viewed as a watershed initiative for Maine's immigrant community.

Bank rules under review in wake of SVB failure, Fed official tells senators

The Federal Reserve is considering whether stronger bank rules are needed to prevent a similar bank failure in the future.

Federal Reserve raises key rate by a quarter-point despite bank turmoil

The Fed says the U.S. banking system is 'sound and resilient,' but warns that the financial upheaval stemming from the collapse of 2 major banks is 'likely to result in tighter credit conditions' and 'weigh on economic activity, hiring and inflation.'

Stocks rise on Wall Street after big bank deal, moves by regulators

In the U.S., most of the attention has been on smaller and mid-sized banks on fears that falling trust could push their depositors to pull their money all at once.

Banking giant UBS to buy Credit Suisse for $3.2 billion to rein in turmoil

The combination of the two biggest and best-known Swiss banks amounts to a thunderclap for Switzerland’s reputation as a global financial center.