Jeff Horwitz

"The first quarter [pace] was a 33% payout," said Comerica CFO Beth Acton, in reference to dividend payments and stock buybacks. "Our goal is to get to a full-year payout of 50%."

"The first quarter [pace] was a 33% payout," said Comerica CFO Beth Acton, in reference to dividend payments and stock buybacks. "Our goal is to get to a full-year payout of 50%."

Zions Bancorp. reported its first quarterly profit since the financial crisis, driven by dramatically reduced reserving and chargeoffs.

The shaky economy is making it difficult for Bank of America to shrug off its mortgage woes, and dampening returns from business lines that might offset the lopsided burden.

The shaky economy is making it difficult for Bank of America to shrug off its mortgage woes, and dampening returns from business lines that might offset the lopsided burden.

Borrower advocates say that the banks' use of unregulated carriers exposes homeowners and mortgage investors to higher costs and greater risk in the event of a catastrophe.

Kool & The Gang's "Celebration" gets thumbs down from Wells Fargo's marketing department; a name change proves tricky for Bank of Montreal; and more.

Citi will process consumers' smallest checks first, meaning fewer overdrafts. Wells plans to drop high-to-low processing of some transactions. B of A wants an industry standard.

The reactions of JPMorgan Chase and U.S. Bancorp to the Fed's disclosures show a disagreement over how future use of the discount window will be interpreted.

U.S. Bancorp, which went to the discount window on several occasions to settle its end-of-the-day positions, has portrayed its use of the facility as a thrifty tactical move during a disruption in the credit markets.

The past few years have been rewarding for bank employees. OK, maybe not the rescues, stagnant loan books, layoffs and litigation. But none of these disasters hurt pay at banks.

William Boardman, a key crisis-time addition to Bank of America Corp.'s board, plans to resign his directorship.

Vikram Pandit's reputation rehab continues; an Standard & Poor's analyst's concerns about dividends; banking industry gets good gay-friendly marks; and more.

The conviction that increased capital would accomplish little without increased confidence guided the Federal Reserve's response to the financial crisis. The Fed's rationale for approving capital releases shows the banking sector's recovery hasn't changed its thinking.

The conviction that increased capital would accomplish little without increased confidence guided the Federal Reserve's response to the financial crisis. The Fed's rationale for approving capital releases shows the banking sector's recovery hasn't changed its thinking.

With formal approval from the Federal Reserve, banks raced out of the gate to announce dividend boosts and share repurchase plans on Friday.

UBS' admission that it and possibly other institutions are being investigated for potential manipulation of the interest rate benchmark could ripple through the financial system.

The leak of supposedly damaging documents by a former Bank of America employee through online hacker group Anonymous was anticlimactic. But the attention it received underscored how vulnerable an organization can be to targeted attacks on its reputation.

The emails from a former Balboa Insurance employee are apparently unrelated to the alleged WikiLeaks trove.

B of A execs joust with heckler on taxes; community banks are weak prey, US Bancorp CEO says; Citi gets its game on with 2012 Olympics sponsorship.