Green Dot announced Thursday that its revenue and net income rose in the third quarter as the firm found ways to earn more money from its base of 4.6 million active prepaid cards.
Citigroup on Thursday revised its third-quarter earnings downward by $600 million, citing an unexpected spike in legal costs.
The Office of the Comptroller of the Currency has tightened up the process it uses to document and track banks that are flagged by examiners for having problems.
United Bankshares in Charleston, W.Va., has issued a warning about $15.3 million of troubled loans to four commercial borrowers.
First United Bank in Durant, Okla., has agreed to acquire First American Bank in Purcell, Okla.
Fenway Summer, a firm started by ex-regulator Raj Date, announced plans Thursday to launch its subprime credit card in the spring of 2015.
Fifth Third Bancorp in Cincinnati plans to remain in the business of providing mezzanine finance, even though a rival investment management company has hired four of its lenders.
Park Sterling in Charlotte, N.C. reported lower quarterly earnings as integration costs for a recent acquisition overshadowed solid loan growth.
Apple Pay scooped up one million payment cards in its first 72 hours, 60% of which were Visa cards, but MasterCard's chief executive still expressed optimism for the payment network's chances in the rapidly shifting mobile landscape.
Pacific Commerce Bank in Los Angeles has agreed to buy Vibra Bank in Chula Vista, Calif.
Banc of California in Irvine reported strong earnings growth in the third quarter thanks to a massive surge in fees from the sale of loans.
Brookline Bancorp in Boston reported higher quarterly profits fueled by loan growth and improved asset quality.
Heritage Oaks Bancorp in Paso Robles, Calif., has revamped its audit committee after discovering it broke Nasdaq rules.
CurrentC, the retailer-backed mobile-payment system touted as an alternative to Apple Inc.'s platform, was hacked during a test of the technology, resulting in some e-mail addresses being stolen over the past 36 hours.
Valley National Bancorp in Wayne, N.J., reported higher earnings driven by loan growth, lower costs and improvements in credit quality.