The $394 million-asset Broadway Financial said Wednesday that its Broadway Federal Bank recently sold $8.7 million in loans to an unnamed buyer for an undisclosed price.

New research suggests that consumers are becoming more comfortable using mobile devices for their financial services' needs.

Fifth Third Bancorp (FITB) in Cincinnati is selling a $225 million stake in Vantiv (VNTV), its former subsidiary.

JPMorgan Chase named Erik Bisso to run the bank's chief investment office for North America, filling a vacancy created last year when Irene Tse left to start a hedge fund.

Banking technology firm SunGard has rolled out an ATM and card reconciliation system.

It’s the first financial services firm to deploy passive voice biometrics as the primary way of authenticating wealth management customers who call in, according to vendor Nuance Communications.

More than 60% of the banks still remaining in the Troubled Asset Relief Program have been labeled "problem" institutions by the Federal Deposit Insurance Corp., casting doubt on their ability to repay the Treasury Department before the program is wound down.

Fiscal third quarter earnings at BofI Holding, the $2.9 billion-asset parent of BofI Federal Bank in San Diego, rose 37% from a year earlier, to $10 million or 74 cents a share.

Amid the hubbub surrounding distributed denial of service attacks on banks and other companies, some U.S. senators are taking steps to thwart another type of cyber threat: state-sponsored digital thieves bent on stealing business secrets from the U.S. Under the terms of the proposed law, the Deter Cyber Theft Act, the Director of National Intelligence would be required to compile an annual list of countries that engage in economic or industrial cyber espionage against U.S. firms.…

Monarch Community Bancorp (MCBF) in Coldwater, Mich., plans to raise $16.5 million through a private placement. The $197 million-asset company has hired two investment banks to lead the placement, Monarch said Tuesday. The offering is contingent on Monarch's completing a transaction with the Treasury Department to retire the $8.2 million of preferred stock it issued through the Troubled Asset Relief Program at a discounted price of $4.5 million. …

Firstbank (FBMI) in Alma, Mich., plans to redeem its remaining Troubled Asset Relief Program shares for $17 million.

Freddie Mac will pay $7 billion to the Treasury Department after reporting the second-largest quarterly net income in the company's history.

Warburg Pincus Private Equity X, which owns just under 10% of Webster Financial, will sell its entire position in a secondary offering.

Payments processor Elavon has named Simon Haslam its chief executive officer. Haslam had been the head of international markets for the U.S. Bancorp unit.

So far, threats by Anonymous to shut down U.S. banks with distributed denial of service attacks this week has turned out to be idle.