Bankruptcies in Pennsylvania shot up more than 10 percent over the past year, as a vicious mix of stagnant hiring, mounting credit card debt and rising mortgage payments spurred financial struggles.

Shares of BankUnited Financial Corp. continued their descent Wednesday after a Stifel, Nicolaus & Co. analyst downgraded the stock to “Sell” on capital concerns.

SPOKANE, Wash.—-Sterling Financial Corporation , a leading community bank in the western region, today announced that Harold B. Gilkey, chairman and chief executive officer, and Daniel G.

U.S. thrifts lost $5.4 billion in the second quarter and set aside a record amount to cover losses from bad mortgages and other loans.

Shares of BankUnited Financial Corp. continued their descent Wednesday after a Stifel, Nicolaus & Co. analyst downgraded the stock to “Sell” on capital concerns.