Brian Browdie

Wells Fargo, led by John Stumpf, took more heat from protestors at its annual meeting even as it defeated a call for an independent review of its mortgage modifications.

New York Community Bancorp (NYCB) reported quarterly earnings that were relatively flat from a year earlier.

The Treasury Department is neglecting its Troubled Asset Relief Program initiatives to boost small business lending and provide viable loan modifications, the program's special inspector general says.

Nearly a quarter of owners of companies with less than $10 million in annual revenue want their bank to make adjustments to meet their individual needs, according to a survey.

FirstMerit in Akron, Ohio, reported higher first-quarter earnings thanks to better fee income and lending as well as lower expenses.

Signature Bank posted higher quarterly profit after adding more loans and deposits.

Synovus Financial (SNV) in Columbus, Ga., reported lower first-quarter earnings because of pressure on its net interest margin.

Wilshire Bancorp (WIBC) in Los Angeles reported lower quarterly earnings, but when a tax benefit was excluded, its results were relatively unchanged from a year earlier.

Equity Bancshares in Wichita, Kan., may use the Troubled Asset Relief Program to buy a stake in Blue Valley Ban Corp, an in-state rival.

NCR has added a customer for its video banking service. The global technology company said Monday that Coastal Community Credit Union on Vancouver Island, British Columbia has installed NCR's APTRA Interactive Teller at a recently-opened branch in Duncan, a city on the southern part of the island.

The $133 million-asset Jefferson Bancorp said Monday that it had acquired 10 branches from Carrollton that will operate under the Bay Bank name. The company has $480 million in assets and 22 branches around Baltimore.

The law firm Proskauer has lured a veteran lawyer/investment banker from UBS.

Aided by improved asset quality, lower expenses and increased fee income, Park National in Newark, Ohio, said Friday that it earned $20.7 million, or $1.34 per share, in the first quarter, easily beating consensus analysts' estimates.

The troubled Metropolitan Bank Group in Chicago has been ordered by the Federal Reserve not to boost the pay of its directors or officers without the Fed's permission.

Carolina Bank Holdings (CLBH) in Greensboro, N.C., has completed its exit from the Troubled Asset Relief Program.

Muhammad Yunus, the founder of nonprofit microlender Grameen Bank, received the Congressional Gold Medal this week, adding to his collection of awards that also include the Nobel Peace Prize and the Presidential Medal of Freedom.

Legislative efforts to strengthen the nation's cyber defenses are shifting to the U.S. Senate after passage of a controversial bill by the House of Representatives.

Americans are more hopeful about the housing market than they have been in six years. Fifty-one percent of Americans expect average home prices in their area to rise in the coming year, according to a survey released Thursday by Gallup.

National Penn Bancshares in Boyertown, Pa., lost more than $17 million in the first quarter after restructuring its debt.

A rise in fee income and interest lifted first-quarter results at Colony Bankcorp (CBAN) in Fitzgerald, Ga.