PayPal will pay a $7.7 million fine for processing payments from customers that have ties to sanctioned parties on a U.S. Government list.
Four Oaks Fincorp has added a pair of directors with close ties to the Four Oaks, N.C., company.
Foundation Bancorp in Bellevue, Wash., has sold $15 million of convertible preferred stock in a private offering.
Village Bank and Trust Financial in Midlothian, Va., has raised nearly $9 million by selling shares to existing investors.
Large mortgage servicers continued to shed delinquencies as overall loan performance improved in the fourth quarter, the Office of the Comptroller of the Currency said Friday.
WASHINGTON Sen. Mike Crapo, R-Idaho, unveiled legislation Friday that would require the banking agencies to review Dodd-Frank Act rules as part of a mandated process to assess the relevance of financial rules.
First West Virginia Bancorp in Wheeling has removed the interim tag from William Petroplus' title as president and chief executive.
Two investors in Central Pacific Financial are planning to sell 7.6 million shares in the Honolulu company
A long-awaited bill to enhance cybersecurity information sharing has taken a major step forward.
First Interstate BancSystem in Billings, Mont., has agreed to buy Absarokee Bancorp. in Absarokee, Mont.
President Obama lauded the Consumer Financial Protection Bureau Thursday for cracking down on high interest rate, short-term loans while defending the agency against attempts to defang it.
The $24 billion-asset company said in a press release Thursday that Robert Holmes will become president and chief executive of its St. Louis market on March 31.
Toronto-Dominion Bank would consider small retail bank takeovers in the U.S. Southeast to expand its branch network on the Eastern Seaboard, Chief Executive Officer Bharat Masrani said.
The $969 million-asset company said in a press release Thursday that the Office of the Comptroller of the Currency had lifted a September 2010 consent order against First National Community Bank.