Alan Kline

Billionaire investor Wilbur Ross is looking to raise roughly $400 million to buy or invest in struggling companies.

First Horizon National Corp. announced late Tuesday that it will pay $110 million to the Federal Housing Finance Agency to settle allegations that it sold faulty mortgages to Fannie Mae and Freddie Mac in the years leading up to housing bust.

Eastern Bank in Boston has established a new unit to develop technologies for itself and other banks and has tapped the former leaders of the tech startup PerkStreet to run it.

Aided by strong growth in loans and income from trust services, City National (CYN) in Los Angeles reported net income $54.5 million the first quarter, up 6% from the same period last year.

Finding its local businesses starved of conventional bank loans, Kansas City steps in with an effective microlending program.

The squabbling over who is responsible for the massive data breach at Target stores resumed Thursday when a group representing retail banks rolled out a new set of numbers detailing how much the breach has cost banks.

Strong loan and asset growth powered the Internet banking company BofI Holding (BOFI) to record profits in the quarter that ended Dec. 31.

Longtime CEO William Cooper tells analysts that he is as optimistic as ever about his company's growth prospects following its reinvention.

Rockville Financial (RCBK) in Glastonbury, Conn., is beefing up its mortgage lending operation ahead of its pending merger with United Financial (UBNK) in Massachusetts.

Regions Financial (RF) in Birmingham, Ala., said Tuesday that its fourth-quarter earnings fell 14% from the same period in 2012, to $227 million, due to a number of one-time charges it took to strengthen its balance sheet and improve efficiency.

Executives at a number of midsize institutions were excited about the prospects of booking more commercial loans in 2014.

The economy is showing signs of life. But executives at PNC, Huntington and BB&T remain cautious about investing in new businesses, products or markets that raise expenses or hurt efficiency ratios.

Huntington Bancshares' (HBAN) fourth-quarter profits fell 6% from the same quarter in 2012, to $158 million, due largely to a sharp decline in mortgage banking income.

Listen to any bank earnings call these days and odds are that, at some point, executives will discuss how they are addressing the persistent lack of revenue growth by simultaneously cutting expenses and investing in new business lines.

More and more banks are ramping up in asset-based lending, even as some fret about increased regulatory scrutiny. In a Q&A, the head of the industry's trade group discusses the latest trends, what's keeping his members up nights and what to look for in the year ahead.

More than 10 months after agreeing to pay a $10 million penalty to its regulator, TCF Financial (TCB) has officially been released from an enforcement order related to its monitoring of suspicious transactions.

When ex-Republic Bank of New York executives Joseph DePaolo and John Tamberlane were sketching out their business plan for what would become Signature Bank, they really had no intention of starting a bank at all.

Cash America agrees to pay $19 million to settle charges that it illegally robo-signed documents, overcharged members of the military, and stymied a CFPB examination by destroying and withholding information.

Their approaches differ, but one thing many bankers agree on is that growth depends largely on how well they cross-sell wealth management products to borrowers and depositors.

Shares of Nationstar Mortgage Holdings plunged Thursday after the loan servicing firm missed earnings estimates by a wide margin and announced plans to sell its wholesale mortgage operation.