Kristin Broughton

In a belated regulatory filing, Carver Bancorp in New York said its profits in the quarter that ended June 30 fell 8% from a year earlier, to $408,000, due to a double-digit increase in expenses.

Zions Bancorp. in Salt Lake City on Friday named Gary Crittenden, a former chief financial officer at Citigroup, to its board of directors.

Regions Financial has a new chief executive for its insurance business.

Two senior legal executives at CIT Group in Livingston, N.J., are reportedly leaving the company, as it faces a new round of compliance headaches.

The age-old fight over whether earnings forecasts are essential for investors or bad for the economy has new legs, and banks are square in the middle of it.

The Federal Deposit Insurance Corp. is raising concerns about potential spillover effects from depressed oil prices even as banks had sounded more optimistic. Tougher capital requirements for energy lenders could be on the horizon.

Regional banks need all the growth opportunities they can get, and Fifth Third says it has found one in catering to European businesses that need to expand in North America to escape domestic economic issues.

Quarterly profit at CIT Group plunged after the in Livingston, N.J., company recorded $167 million in charges tied to its discontinued reverse-mortgage servicing unit.

Fifth Third Bancorp in Cincinnati on Thursday reported higher quarterly profit driven by an increase in construction loans.

Some midsize banks found ways to widen margins, and Texas lenders said weakness in the energy sector has had little effect on the broader Texas economy. But can those trends hold up?