Brian Browdie | May 17
Zions Bancorp. in Salt Lake City has raised roughly $301 million by selling preferred stock.
Chris Cumming | May 17
The Office of the Comptroller of the Currency took regulatory action against 11 financial institutions and terminated orders against five others in April, the agency said Friday.
Jeff Horwitz, Kate Berry | May 17
In a sign of renewed pressure on mortgage servicers, a number of big banks have ceased or dramatically slowed the final step in the foreclosure process.
Brian Browdie | May 17
Huntington Bancshares is tightening its ties to Toledo, Ohio.
Mary Wisniewski | May 17
BNP Paribas announced Hello bank! will be rolled out this summer to four European markets.
Brian Browdie | May 17
AmeriServ Financial in Johnstown, Pa., has begun another stock buyback.
Brian Browdie | May 17
The Federal Reserve has ordered Bank of Montreal's U.S. unit to strengthen compliance with laws designed to deter money laundering.
Chris Cumming | May 17
Wave Systems has developed a system for online authentication that relies on verifying a user's device ID.
May 17
The Federal Reserve announced an enforcement action against the Bank of Montreal and BMO Financial for "deficiencies" in compliance with anti-money laundering and Bank Secrecy Act rules and regulations.
Penny Crosman | May 16
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.
Chris Cumming | May 16
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.
Maria Aspan | May 16
Former Citigroup CEO Vikram Pandit has taken a stake in India's JM Financial Group, which also plans to name him chairman of a proposed new bank.
Chris Cumming | May 16
Republic First Bancorp in Philadelphia is continuing its push into southern New Jersey.
Brian Browdie | May 16
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.
May 16
JPMorgan Chase, Goldman Sachs and the world's largest banks won rollbacks in final Dodd-Frank Act rules that promise to transform the private swaps market by increasing competition.
