John Reosti

Richard Davis, asked during a conference about BB&T's $2.5 billion purchase of Susquehanna Bancshares, made it clear that his company has no interest in large, out-of-market acquisitions.

The National Credit Union Administration claims a Deutsche Bank unit was negligent as a trustee overseeing mortgage-backed securities and played a role in the failure of five corporate credit unions.

WASHINGTON — The National Credit Union Administration on Monday joined a growing queue of angry investors suing Deutsche Bank National Trust Co.

Wells Fargo and Live Oak Bank were the top lenders in the Small Business Administration's 7(a) loan program, helping lead the agency program to its most successful fiscal year.

First Commonwealth of Pennsylvania, which had avoided home lending since 2005, has picked an inauspicious time to return.

The Rhode Island company had barely opened the doors of its Fairfield County mortgage office when management started getting pushed about making a bigger splash. For now, CEO Joseph MarcAurele seems content to keep one toe in the water.

Mark McWatters, the newest board member of the National Credit Union Administration, said Thursday he thinks the agency should devote more resources to combatting what he termed "garden variety fraud at smaller credit unions."

New York Community Bancorp may have put the brakes on overall balance sheet growth, but its commercial and industrial lending operation in Boston is thriving.

The $2.9 billion-asset company's third-quarter earnings more than tripled from the second quarter, which included upfront merger-related expenses, and rose 72% from a year earlier, to $5.9 million.

Concerns still remain among community bankers that examiners could push individual community banks to undergo stress tests, even if the agencies refuse to make it mandatory.

First Horizon National in Memphis, Tenn., beat analysts' estimates for a second consecutive quarter, posting net income of $45 million — 19 cents a share — paced by strong revenue growth and continued improvement in credit quality.

Deposits continue to slowly trickle out of the banking system, creating divided opinions over how much bankers should fret over the outflows.

East West of Los Angeles hopes that buying MetroCorp in Houston will help its Chinese clients develop business ties in the Lone Star State.

East West Bancorp (EWBC) in Pasadena, Calif., has agreed to pay $273 million in stock and cash for MetroCorp Bancshares (MCBI) in Houston.

Simplicity Bancorp's experience with mortgage servicing could give banks a reason to reconsider plans to ditch the business despite concerns about new regulations.

Old National is trying to shed assets ahead of an acquisition in hopes of staying below $10 billion in assets, a level that ensures increased regulation.

Receiving Wide Coverage ...New EU Regulator: Over strong German objections, the European Union went ahead Thursday with plans to create supranational agency empowered to regulate the continent's banking industry and shutter failing banks the New York Times reported. Approval of the so-called single bank resolution system represents a huge step on the road to a European banking union. Creation of such a powerful agency was important enough that it should have required changes to the European Union treaty, German Chancellor Angel Merkel argued. Germany and other critics of single bank resolution pointed out taxpayers across the continent would bear the financial burden of shutting down individual banks. They also wanted to retain as much national control over their banks as possible, but their position was weakened by a legal opinion that concluded the EU already possessed the authority to implement single bank resolution. The Financial Times obtained a copy of the confidential document. New York Times, Financial Times

Dallas hedge fund Clover Partners is causing Texas-size headaches for two small Massachusetts thrifts, Hampden Bancorp and Chicopee Bancorp.

Frank and George Hamlin at Canandaigua National are turning letter writing into an art form as they rail against a wave of new bank regulation.

Banks and credit unions are normally clash with each other, but pumping free gasoline for consumers while bashing big banks was a public-relations opportunity both sides found hard to resist.