A U.S. banking hub tries to diversify. But can Charlotte's economy escape its past?

A lack of jail sentences for financial executives doesn't have to mean justice wasn't done.

Should bank directors and officers have to give up their insurance coverage for civil money penalties?

Small holding companies start going back to the well.

Community Bank of Pennsylvania serves as an information portal on the drilling business for area redidents sitting atop natural gas reserves.

How Philip Seymour Hoffman got tied to ads for People's United Bank.

Citizens Bank soldiers on in wake of parent RBS's woes.

Efficiency ratios have been worsening for two years, with a slump in noninterest income driving much of the deterioration.

Heading into 2011, there were multiple signs that it would be an active year for bank mergers and acquisitions. But as we know, industry M&A fell well short of expectations.

A few weeks ago, President Obama released his fiscal 2013 budget proposal. The $3.8 trillion spending request-spelled out over 256 pages-is available for download at whitehouse.gov. Or just peruse our quick tour of the items most relevant to banks.

It makes sense that banks are focused on costs right now. What doesn't make sense is the way they are going about cutting them. It isn't too late for banks to get their priorities straight.

As the gridlock in mortgage servicing starts to abate, how to quickly dispense with all that "real-estate owned" on banks' balance sheets is a quandary.

University of Louisville dedicates artwork to philanthropic Kentucky banker, Bernard Trager; JPMorgan Chase promotes Sandie O'Connor; Fannie Mae's reason for hiring Anthony "Tuck" Reed; MVB Bank launches wealth management; Jeopardy's supercomputer Watson hired by Citigroup; activists occupy John Stumpf's yard.

Select quotes from the world of financial services.