Brian Browdie

The investment and risk advisory arm of Allianz Global Investors is strengthening the analytics and data management of its risk systems.

The 59% increase in the government subsidy reflects an increase in loan defaults, not loan demand.

Alliance Data Systems (ADS) has agreed to buy credit card accounts from Talbots and to take over the retailer's private-label credit card program.

The mobile financial services startup said Monday that Alex Sion, a former senior vice president of wealth management executive at Citigroup (NYSE: C) who most recently headed the financial services arm of marketing firm SapientNitro, has joined the company as president.

Polonia Bancorp in Huntington Valley, Pa., is giving investors a chance to buy more of its stock after a planned public offering started sluggishly.

Regulators may be about to crack down on some of the nation's biggest banks for failing to monitor possible unlawful cash transactions.

First Bancshares (FBSI) in Mountain Grove, Mo., said that fewer troubled loans helped it turn a profit in the fiscal fourth quarter that ended June 30.

Tri-Valley Bank in San Ramon, Calif., has completed a private placement that it said will shore up regulatory capital and support growth.

Brian Pearce, head of mobile channels for Wells Fargo, says the bank is ushering in a "mobile unique" era.

SunTrust is making five days' worth of imaged checks available on its new app for Apple and Android devices.

Heritage Financial (HFWA) is buying Northwest Commercial Bank of Lakewood, Wash.

Bank of America (BAC) has agreed to compensate mortgage loan applicants who alleged the bank discriminated against some borrowers who received disability income.

The U.S. banking arm of Bank of Montreal said the cuts will take place at a data center in Sun Prairie and a mortgage underwriting office in Cedarburg.

Slavie Federal Savings Bank in Bel Air, Md., is taking steps to shore up its regulatory capital.

The agency said Wednesday that it recouped roughly $149 million from selling preferred stock in Alpine Banks of Colorado in Glenwood Springs; Yadkin Valley Financial (YAVY) in Elkin, N.C.; First Community Financial Partners (FCMP) in Joliet, Ill.; F&M Financial in Clarksville, Tenn.; and F & M Financial in Salisbury, N.C.

The merchant-funded rewards provider recently began testing a geolocation service that delivers offers from merchants when customers are within walking distance.

MetLife is still waiting to free itself from oversight by banking regulators.

Citizens Republic had been rumored to be on the block for several weeks. Analysts are also calling the deal significant, but pricey, for FirstMerit.

Bankers monitor liquidity risk but struggle to know extent of financial commitments throughout day, survey finds.

A judge has dismissed most of the claims against Michael Perry, but the SEC is not backing down from its claim that he misled investors.