Jacob Passy

American Express has created a new cobrand credit card for consumers who shop through its Plenti loyalty program.

First BanCorp in San Juan, Puerto Rico, has been released from a consent order with the Federal Deposit Insurance Corp.

Hudson City Bancorp in Paramus, N.J., reported a staggering plunge in earnings after an unexpected delay of its sale to M&T Bank.

The Los Angeles bank, which is in the process of being sold, vows to fight a Labor Department complaint that it overcharged employees for administering their retirement plan.

Flagstar Bancorp in Troy, Mich., beat expectations as it reported stronger mortgage volume in the first quarter. The company reported net income of $31.5 million in the first quarter versus a profit of $11.1 million in the previous quarter and a loss of $78.4 million a year ago.

Bank branches are continuing to lose their luster as consumers rely on online and mobile channels, according to a new report.

Popular Inc. in San Juan, Puerto Rico, reported better-than-expected first-quarter earnings despite grappling with the higher costs associated with its acquisition of assets from the failed Doral Bank.

NXT-ID will start shipping its Wocket wallets to customers at the start of May, over a year after it first announced the mobile payment device.

Old National Bancorp in Evansville, Ind., missed first-quarter expectations as merger-related and streamlining expenses negated many of the benefits from recently completed acquisitions.

Martin Tobias is upset that JPMorgan Chase closed his accounts this week after a news report about his business connections to the marijuana industry, but he says he partly understands the pressure banks are under.

Freddie Mac has planned its first Extended Timeline Pool Offering, the government-sponsored entity announced this week.

A Montana district court issued an order to uphold a verdict that First Interstate BancSystem in Billings, Mont., must pay $17 million in damages in a dispute with former customer.

Prosperity Bancshares in Houston hit analysts' earnings forecasts despite a linked-quarter decline in loans and profit.

Hancock Holding in Gulfport, Miss., reported lower profit as low oil prices stymied loan growth in the energy sector.

Columbia Banking System in Tacoma, Wash., tapped organic growth and its purchase of Intermountain Community Bancorp to post higher quarterly profit.

Charge Payment has a new name. The Nashville-based technology and integrated payments provider will now go by i3Verticals,

Astoria Financial in Lake Success, N.Y., topped Wall Street expectations despite a drop in revenue. The $15.5 billion-asset company reported a 39% decrease in net income from a year earlier, to $19.3 million.

International payments provider Currency Cloud has opened offices in New York, bringing the company into the U.S. market.

Stock Yards Bancorp in Louisville, Ky., reported much better-than-expected earnings in the first quarter one the strength of higher mortgage revenue and net interest income.

Suffolk Bancorp in Riverhead, N.Y., posted stronger earnings in the first quarter on higher net interest income and a reduction in expenses.