Brian Browdie

JPMorgan Chase will use Swift for managing transaction standards.

Bank of the West has already begun using Detica NetReveal software to detect suspicious online, wire and ACH payments.

Farmers & Merchants Bank in Timberville, Va., is expanding its footprint in the Shenandoah region.

The Federal Reserve Board has terminated an enforcement action against West Concord Bancshares in Minnesota.

The privately held investment firm, based in Birmingham, Ala., is buying FBC Mortgage of Orlando, Fla., a unit of Florida Bank of Commerce, for undisclosed terms, the companies said Tuesday.

Regulators are barring an Alabama bank holding company from paying shareholders or incurring debt until it takes steps to improve its practices.

The $15 billion-asset company said Monday it has completed its purchase of the business property lending unit of General Electric's (GE) GE Capital for $2.4 billion in cash.

Overall, 81% of U.S. investors say they have some form of savings they can draw from if they lose their jobs, according to a Wells Fargo-Gallup Investor and Retirement Optimism Index survey released Monday.

Park Sterling Corporation (PSTB) in Charlotte, N.C., said Monday it has completed its purchase of Citizens South Banking Corp. in Gastonia, N.C., for $83 million, the same day Capital Bank Financial of Coral Gables, Fla., announced the completion of its acquisition of Southern Community Financial in Winston-Salem, N.C., for $47 million.

MetLife (MET) has another three months to tell regulators about its capital plans while it tries to sells its online bank to General Electric (GE).

The New York attorney general sued JPMorgan Chase (JPM) on Monday, charging that the Bear Stearns brokerage it bought committed fraud in the sale of hundreds of billions of dollars in mortgage-backed securities on the eve of the housing crisis.

The Financial Accounting Standards Board stands ready to repeal a directive that allows banks to record a gain in income when the value of their own fixed-income securities decreases, and losses when the liabilities' worth rises.

Few companies could survive the large-scale denial of service attacks that major U.S. banks have been hit with in recent days, Prolexic executives say.

The $8 billion-asset unit of First Midwest Bancorp (FMBI) said Monday that David Knapp has joined the company as president of a newly formed group for commercial banking in Chicago's western suburbs.

Two shareholders say the privately-held core software provider should be sharing more information, such as EBITDA numbers.

The $15.9 billion-asset bank said Thursday that Lisa Etre, William McCarthy and Jessica Ruiz have joined Signature from Hudson Valley Bank (HVB) in Yonkers, N.Y., and that Dennis Sheridan has joined from Valley National Bank (VLY) in Wayne, N.J.

Broadway Financial in Los Angeles earned $1.4 million in the second quarter. A year earlier, the $391 million-asset company lost $2 million.

United Community Bancorp (UCBA) of Lawrenceburg, Ind., is suspending the payment of dividends on its common stock until the company completes a pending second-step conversion.

eAppraiseIT provided real estate appraisals to a former mortgage lending giant during the run-up to the housing crisis will pay $7.8 million to settle charges that its appraisers conspired with the lender to puff up home values.

Aquiline Capital Partners, a private-equity firm based in New York, is buying First Investors Financial Services Group, a Houston auto lender, for $100 million.