Alan Kline

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.

A Florida court has given JPMorgan Chase (JPM) preliminary approval to pay $110 million to settle a class-action claim that accused the bank of charging excessive overdraft fees.

Roughly two months after putting itself up for sale after its plan for raising fresh capital fell through, BancTrust Financial Group in Mobile, Ala., has found a buyer.

Buoyed by strong revenue and loan growth, the U.S. operations of TD Bank Group in Toronto reported earnings of $358 million in the quarter that ended April 30, up 16% from the same period last year.

A small Florida bank has refused to sign an enforcement order that would require it to beef up its capital reserves and reduce its risk, and now its state regulator is asking the courts to step in.

In a Harvard Business Review op-ed, ex-Citigroup and Bank of America executive Sallie Krawcheck provides a glimpse of how she'd run a bank if given the chance.

Nearly a year after calling off a stock sale that would have sharply diluted the value of its shares, Independent Bank in Ionia, Mich., said it would instead raise capital by selling off a batch of branches.

State Street Corporation (STT) wants to bulk up in Europe and its chairman is telling investors that it is eyeing deals for the custody operations of the continent’s largest banks.

Howard Bancorp in Ellicott City, Md., is looking to raise up to $12.8 million through a combined stock sale and private placement and it intends to use at least some of the proceeds to pursue acquisitions.

Fifth Third Bancorp (FITB) has brought in an executive from global giant Standard Chartered Bank to head its international banking operations.

QNB Bank in Quakertown, Pa., announced Tuesday that its longtime chief executive is retiring at the end of this year and that its board has elected the bank’s president to succeed him.