Paul Davis

People inside and outside B of A, of Charlotte, say it has made progress. But they concur that the biggest obstacle to a rehabilitated brand is — like at a lot of banks — convincing the public that the company is serious about stemming foreclosures.

Mini Davos tackles questions of capital; NYC Mayor Bloomberg pipes up for the banking industry; Synovus chief Anthony's illness hits local community, too; and more.

Though executives at many private-equity firms continue to raise capital and scout opportunities, few have emerged victorious in the bidding for failed institutions in recent months.

The $32 billion-asset company, which was already vulnerable because of credit-quality problems and seven consecutive quarters of net losses, said that its chairman and chief executive, Richard Anthony, had taken medical leave to undergo treatment for a blood vessel disorder that was diagnosed last week.

Synovus Financial said Monday that Richard Anthony is taking an indefinite leave of absence after being diagnosed with a blood vessel disorder.

Upcoming book takes a look back at the Crutchfield-McColl rivalry; B of A's lesson in the prevalence of social media; New hire to oversee Huntington's equipment-finance unit.

Citigroup’s pro bono work honored; decidedly glass-half-full perspectives on the crisis; Regions starts a diversity council; B of A picks up Morgan Stanley vet for tech chief seat.

Bank securities held by the Treasury Department through the Troubled Asset Relief Program would no longer count toward a banking company's Tier 1 capital under the Senate's version of the reform bill, legal experts said.

The U.S. unit of Banco Bilbao Vizcaya Argentaria SA will start holding the U.S. deposits for SmartyPig, an online service that lets customers save money for specific things such as vacations or car purchases and share their spending goals with friends through Twitter or other social media sites.

Though the reform bill wending its way through Congress will have little direct impact on regional banks' capital markets business, it could spur more competition from larger rivals.

Bank of America Corp. pledged to buy $10 billion in goods and services from small and midsize businesses over the next five years.

Annual list of least valuable leaders of banking companies; Sandler analyst leads bus outing to five Long Island, N.Y. banks; Schorr finally warms up to JPMorgan Chase.

The $32 billion-asset Columbus, Ga., company had announced plans this year to combine its banks. Over the Memorial Day weekend, it consolidated 28 banks in Alabama, Florida, Georgia, South Carolina and Tennessee. Its remaining two banks, based in Nashville and Memphis, are to be combined this month.

Barclays Bank PLC said it will sell a mortgage servicing business it bought four years ago. Barclays will sell HomEq Servicing to a unit of Ocwen Financial Corp. for about $1.3 billion, it said in a press release.

Fifth Third has split the chairman and CEO roles after adding William Isaac to its board. The former FDIC chairman succeeded Kevin Kabat, who remains president and CEO.

Fifth Third has split the chairman and CEO roles after adding William Isaac to its board. The former FDIC chairman succeeded Kevin Kabat, who remains president and CEO.

Ex-First Horizon analysts land at securities firm; N.Y. Fed chief returns to his alma mater for commmencement speech; New pick for Regions' commercial lending operation; and more.

Bank stocks enjoyed what one trader called a "monster" late-day rally Tuesday to turn a disaster into a small triumph.

While all of the big banks have repurchased or converted preferred stock, and two-thirds of the regionals have followed suit, community banks are expected to hold the vast majority of unpaid Tarp funds on their balance sheets by the program's two-year anniversary.

RBC Bank CEO Jim Westlake puts to rest any notion of the banker as free-sample pusher; Wells Fargo's lesson in forclosure; crafty bank robber disguise: bank employee.