Brian Browdie

CtW Investment Group, a union-backed organization that owns roughly six million shares of JPMorgan Chase, has called on shareholders to vote against three directors on the risk policy committee and the head of the audit committee. The move was reported Friday by The New York Times.

HP Autonomy has added Rabobank as a customer for its information management software.

Two deals lifted First Community Bancshares in Bluefield, Va., in the first quarter.

The White House says the nation needs new laws to reinforce its cyber defenses but that the push should not come at the cost of privacy.

Fannie Mae and Freddie Mac are helping to provide additional relief to Hurricane Sandy victims who received a temporary reprieve from paying their mortgage after the storm but are still struggling financially.

The mortgage servicer Ocwen Financial (OCN) more than doubled its profit in the first quarter following a string of acquisitions that has substantially boosted its market share.

The Federal Deposit Insurance Corp. has accused 18 former officers and directors of the parent company of Midwest Bank with reckless practices that led to the Chicago-area bank's failure during the financial crisis.

Bank technology provider VSoft has agreed to resell services from payments processor First Data.

Ameris Bancorp in Moultrie, Ga., has agreed to buy Prosperity Banking Co. in St. Augustine, Fla.

The Kansas City company, which started with opening-day deposits of $1,100 in 1913, now has $15.7 billion in assets and a fresh formula that is allowing it to prosper with a conservative approach to credit.

New York Attorney General Eric Schneiderman just can't wait for Edward DeMarco's reign at the Federal Housing Finance Agency to end.

IBC Bank in Texas, is bringing an environmentally friendly addition to the Austin skyline.

Community Trust Bancorp in Pikeville, Ky., has a promoted a veteran banker to chief financial officer.

Regions Financial in Birmingham, Ala., is taking steps to conform its capital to evolving regulatory requirements.

A spate of denial-of-service attacks on 13 major banks has the industry scrambling.

The sale, announced in July and completed Tuesday, included $3.2 billion in deposits. Financial terms of the deal were undisclosed.

Expenses weighed down Old Line Bancshares (OLBK) in the first quarter. Earnings at the $869 million-asset company in Bowie, Md., fell 27.8% from a year earlier, to $1.3 million, or 19 cents per share.

Diebold is making a bid to retool itself for growth. The ATM maker said Tuesday it plans to eliminate roughly 700 jobs, about 4.3% of its workforce, as part of a series of steps the company says will enable it to lower overhead by as much as $150 million over the coming three years.

Higher interest income and wider margins lifted BNC Bancorp (BNCN) in the first quarter.

The best incentive banks have to strengthen their cyber defenses? To preserve customer trust.