Bloomberg Roger Ferguson’s deal to buy EverBank Financial Corp. shows an eagerness to expand TIAA, the company known for offering retirement products to teachers, while he counters for-profit insurance rivals that retreated from heavily regulated deposit-taking operations. TIAA will pay $2.5 billion in cash for the largest Florida-based lender, adding a platform for providing personal and business loans, Ferguson ...

  Europe’s banks have had a rough year: Their stock prices have fallen so low that some observers wonder whether they are viable in their current form. Yet the most commonly proposed solution — a true banking union — is also deeply flawed. The euro area’s banking system faces numerous difficulties. These include economic growth that seems to be permanently ...

  Tara Lachapelle On Sunday evening, John Oliver bemoaned the struggle of the newspaper industry. On Monday evening, News Corp. embodied it. The $7.5 billion publishing company controlled by billionaire Rupert Murdoch reported fourth-quarter results that drew a dull response from investors. While total company revenue beat estimates, advertising sales fell 5 percent and profit was below expectations. The stock ...