Jeff Horwitz

Regions Financial may still be lagging its peers in terms of credit quality and profits, but in shopping around Morgan Keegan & Co., its investment bank subsidiary, Regions appears to have the upper hand.

State and federal regulators on Wednesday called their $200 million settlement with Regions Financial Corp. over improper fund-valuation practices at its Morgan Keegan & Co. brokerage a victory for investors.

A KPMG survey of top bank executives shows they are cautiously upbeat about their industry. Given executives' overwhelming bias toward positive thinking, however, that is cause for concern.

Wells Fargo & Co. decided to exit reverse mortgages after federal officials insisted it foreclose on elderly customers who were behind on property tax and insurance payments, a Wells executive wrote in an email to business contacts Friday.

Wells Fargo & Co. decided to exit reverse mortgages after federal officials insisted it foreclose on elderly customers who were behind on property tax and insurance payments, a Wells executive wrote in an email to business contacts Friday.

Huntington official opines on B of A overdraft decision; Greenlining weighs in on board diversity; a Dublin pensioner takes at a new crop of bank leadership; and more.

The real lesson of the flurry of role changes at JPMorgan Chase may be that even the retail operations of the bank — presumably one of the better run overall — had grown too cumbersome to manage and had to be carved up.

The real threats have

nothing to do with the CFPB's leadership, capping interchange fees or running stress tests, though these subjects have polarized Washington and the industry for months. They are instead the ones aimed at increasing funding costs and capping outlets for leverage.

Fitch Inc. on Friday downgraded the ratings of nine mortgage servicers citing the growing burden of managing delinquent and defaulted loans amid a climate of "heightened regulatory scrutiny."

Fitch Inc. on Friday downgraded the ratings of nine mortgage servicers citing the growing burden of managing delinquent and defaulted loans amid a climate of "heightened regulatory scrutiny."

Citizens Financial Group Inc. is taking a page from Hollywood in its test of in-branch videoconferencing. But the movie-star touch isn't the high-definition video screens — it's the pens used to sign important documents.

By buying Litton Loan Servicing LP from Goldman Sachs Group Inc., Ocwen Financial Corp. is betting scale will remain the driver of mortgage servicing profits after regulators overhaul servicer compensation.

The chief executives of the nation's largest banks believe that the economic recovery is just around the bend. The length of that bend depends on who you talk to.

The chief executives of the nation's largest banks believe that the economic recovery is just around the bend. The length of that bend depends on who you talk to.

U.S. bank customers aren’t the only ones dissatisfied — those in the U.K. and Ireland are, too; the FDIC recognizes a panel of small banks for reaching out to small customers.

Lawsuits from affluent investors, accusing JPMorgan Chase of offloading risky assets on its clients, touch on a hot-button issue: big banks' conflicted interests.

Royal Bank of Canada Chief Executive Gordon Nixon on Friday acknowledged, but did not resolve, lingering questions about the company's U.S. strategy.

Royal Bank of Canada Chief Executive Gordon Nixon on Friday acknowledged, but did not resolve, lingering questions about the company's U.S. strategy.

Citi's mortgage unit on U.S. tour to aid distressed homeowners; execs' quotes on push for regulation go viral; Huntington chief increases stake in his company; and more.

Now that Bank of America has bought itself out of a massive class action over the sorting of overdraft fees, its fellow banks need to decide if they hold an advantage that B of A did not.