Brian Browdie

The nation's biggest banks may be too big to fail but they enjoy little advantage when it comes to the cost of capital.

The U.S. government's push to fortify the nation's cyber defenses should complement industry efforts, bank and credit union lobbying groups are expected to tell Congress on Tuesday.

Ohio Valley Bank in Gallipolis has joined the Federal Reserve System.

The $2 billion-asset company in Rockville, Conn., said Monday it plans to repurchase as many as 10% of its roughly 2.7 million shares outstanding.

A federal judge has revived a lawsuit that charges JPMorgan Chase (JPM) with misrepresenting the quality of loans that backed securities sold to Belgian bank Dexia.

Bloomberg LP has hired a consulting firm with significant ties to financial regulators to help review its privacy policies.

Hackers backed by China's military appear to have resumed a campaign of cyberattacks on U.S. businesses. The targets, which in previous attacks included financial firms, are thought to remain the same.

Fulton Financial (FULT) in Lancaster, Pa., announced that its longtime chief financial officer will retire at the end of this year.

Zions Bancorp. (ZION) in Salt Lake City has raised roughly $301 million by selling preferred stock.

Huntington Bancshares is tightening its ties to Toledo, Ohio.

AmeriServ Financial in Johnstown, Pa., has begun another stock buyback.

The Federal Reserve has ordered Bank of Montreal's U.S. unit to strengthen compliance with laws designed to deter money laundering.

Flagstar Bancorp (FBC) in Troy, Mich., announced that its chief executive, Michael Tierney, has stepped aside after just eight months in the post.

Whatever the outcome of Tuesday's vote over Jamie Dimon's dual titles at JPMorgan Chase, the debate raging at the country's largest bank will increase the pressure on bank boards to split up chairman/CEO roles in the future.

BitPay, which processes payments for merchants in the virtual currency Bitcoin, has attracted some investors with a pedigree in pioneering alternative ways to send and receive money.

Tim Ryan, a veteran lobbyist who runs JPMorgan Chase's regulatory strategy, served until January as chief executive of SIFMA, which moved last week to stop the sending of vote tallies to shareholders.

Mars National Bank near Pittsburgh has drafted a local boy-turned-major-leaguer, Neil Walker of the Pirates, as its pitchman.

BitPay, which processes payments for merchants in the virtual currency Bitcoin, has attracted some investors with a pedigree in pioneering alternative ways to send and receive money (PayPal).

Four community banks announced Troubled Asset Relief Program redemptions Wednesday. Two were in Missouri and one each in South Carolina and Virginia.

A move by the U.S. government to rein in the unregulated use of Bitcoin involved the seizure of a Japanese company's account at Wells Fargo (WFC).