Senate Majority Leader Harry Reid is bringing the battle over the Consumer Financial Protection Bureau back to the forefront next week with a long-awaited confirmation vote on Richard Cordray, the agency's director.

Director Richard Cordray sat silently at a public hearing as a room full of the industry's customers and employees argued that Americans should be allowed to make their own borrowing choices.

At least two startups who demoed at Finovate this week are trying to step in between banks and commercial borrowers in the same way peer to peer lenders already have — with crowdfunding.

A move by the U.S. government to rein in the unregulated use of Bitcoin involved the seizure of a Japanese company's account at Wells Fargo.

nCino, which sells cloud-based bank operating software, scored a new client in Square 1 Bank of Durham, N.C.

BitPay, which processes payments for merchants in the virtual currency Bitcoin, has attracted some investors with a pedigree in pioneering alternative ways to send and receive money.

A partnership between the two large tech vendors could disrupt the U.S. core banking market at a point when many banks are looking to modernize their systems.

Director Richard Cordray sat silently at a public hearing as a room full of the industry's customers and employees argued that Americans should be allowed to make their own borrowing choices.

Republic First Bancorp in Philadelphia is continuing its push into southern New Jersey.

The Consumer Financial Protection Bureau's focus on discrimination in the auto loan business will likely force the banks it targets to stop paying bonuses to car dealers that originate high-interest loans. Changing practices in the rest of the industry could prove tougher.

Capitol Bancorp is down three banks in the past week, but it could have been four. The company said in a regulatory filing on Wednesday that regulators attempted to seize a fourth bank on Friday, but a temporary injunction from a state court stopped it.

Four community banks announced Troubled Asset Relief Program redemptions Wednesday. Two were in Missouri and one each in South Carolina and Virginia.

The Federal Deposit Insurance Corp. is seeking to recover $48 million from officers and directors of a Florida bank that collapsed in 2010 following heavy defaults on commercial real estate loans.

Federal Reserve Gov. Sarah Bloom Raskin warned Thursday that the government's tightening fiscal policies and a slow housing recovery will continue to restrain a U.S. economic recovery.

Senate Majority Leader Harry Reid is bringing the battle over the Consumer Financial Protection Bureau back to the forefront next week with a long-awaited confirmation vote on Richard Cordray, the agency's director.

Commerce Bancshares in Kansas City, Mo., has struck a deal for Summit Bancshares of Tulsa that would nearly double its asset base in Oklahoma.

Regulators let the Columbus, Ga., company acquire a failed bank — its first deal in four years — though it still owes Tarp $968 million. A surprising number of similar deals have occurred in recent years.

Peoples Bancorp in Marietta, Ohio, has bought three insurance agencies in Jackson, Ohio.

Customers Bancorp in Wyomissing, Pa., is bumping up the size of its stock sale by more than 20%