Alan Kline

The Treasury Department announced Tuesday that it plans to sell off its shares in seven more community banks as part of its ongoing effort to wind down the Troubled Asset Relief Program.

More than 30 state trade associations have joined the Independent Community Bankers of America in urging Congress to extend the Transaction Account Guarantee program, which offers banks unlimited deposit insurance on transaction accounts.

In what would be its first acquisition in nearly a decade, Peoples Bancorp (PEBO) in Marietta, Ohio, announced Tuesday that it is buying Sistersville Bancorp in West Virginia for $9.8 million in cash.

A Texas investor has filed a suit against former top executives at a failed Tennessee bank seeking to recover the nearly $1.2 million he pumped into the bank during a 2010 stock sale.

Paul Compton, a top executive at JPMorgan Chase's investment bank, is taking on a broader role at the company that includes new responsibilities within its commercial bank.

Marion Sandler, the co-chief executive at Golden West Financial in Oakland, Calif., for more than four decades, has died at the age of 81.

Freed from an enforcement order that led it to sharply reduce its assets, Guaranty Bancorp in Denver is now turning its attention to growth.

Former U.S. Sen. Christopher Dodd weighed in on JPMorgan Chase's highly publicized trading loss, pointing to it as validation of the need for the landmark financial reform legislation of which he was a co-author.

Former U.S. Senator Christopher Dodd weighed in on JPMorgan Chase's much-publicized trading loss Thursday, pointing to it as validation of the need for the landmark financial reform legislation he co-authored.

Banco Popular in San Juan, Puerto Rico, is nearing the finish line of its two-year project to rebrand itself in the continental U.S.

The investment bank FBR (FBRC) may put its asset-management business up for sale and, if it does, it is likely to draw significant interest from commercial banks.

The Federal Reserve Board's landmark decision to allow China's largest bank to acquire branches in New York and California is likely to trigger further expansion by Chinese banks into the U.S. market, according to Fitch Ratings.

Fitch Ratings has lowered its outlook on Trustmark Corporation (TRMK) from "stable" to "negative" following Jackson, Miss., company's announcement Tuesday that it is acquiring BancTrust Financial (BTFG) of Mobile, Ala.

After operating exclusively in Massachusetts for more than a century, United Financial Bancorp (UBNK) in West Springfield is making the leap across the state line.

Bank of America (BAC) announced Wednesday that it has hired more than 85 small-business bankers on the West Coast as part of its previously announced plan to add roughly 1,000 bankers nationwide by the middle of this year.

But the consulting firm says the sector remains an integral part of the U.S. financial system and cautions against overregulating it.

The three states that have led the nation in bank failures over the last four years — Georgia, Florida and Illinois — remain home to the banks that are most in danger of failing down the road, according to new data compiled by Thomson Reuters.

Wilshire State Bank in Los Angeles has been released from an enforcement order that required it to boost its capital ratios and reduce its level of problem loans.

State Bank & Trust in Fargo, N.D., is changing its name to avoid confusion with the dozens of banks in its markets that have similar names.

Wells Fargo (WFC) is planning to add up to 200 jobs at its call center in Salem, Ore., and M&T Bank (MTB) of Buffalo, N.Y., intends to hire as many as 30 new employees in the Albany, N.Y., area, according to local news reports.