Paul Davis

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.

Royal Bank of Canada says it feels no added pressure to resume U.S. acquisitions despite aggressive moves by a major Canadian competitor.

Toronto-Dominion Bank's announcement Monday that it plans to purchase South Financial Group Inc. is as notable for what it is not — a failed-bank deal with the Federal Deposit Insurance Corp. — as for what it is: an acquisition featuring key Treasury Department concessions on Troubled Asset Relief Program-related securities held by the target.

The top executives of BB&T Corp. and First Horizon National Corp. said Wednesday that they are interested in acquisitions but not necessarily ones involving failed institutions.

The European debt crisis poses problems for American banks still recovering from the housing crisis, even though most of them have relatively little — if any — direct exposure to troubled economies like Greece, Portugal and Spain.

Synovus has a mix of supporters who are impressed by the capital boost, and skeptics who consider the move long overdue and want the company to hunker down over the next few quarters rather than stretch for profit.

An incendiary memo from JPMorgan Chase sees a firestorm of backlash; Bank of America hires The History Channel to highlight its noble beginnings; business leaders dine with President Obama; and more.

Net interest margins expanded at most of the nation's biggest banking companies in the first quarter compared with the previous quarter, suggesting banks have found another way to counter continued credit losses.

Bank of America Corp. said Wednesday that it had loaned $19.4 billion to small and midsize businesses in the first quarter.

BBVA Compass is broadening customers' options when it comes to overdraft protection. The bank, a Birmingham, Ala., unit of Banco Bilbao Vizcaya Argentaria SA in Madrid, said it began offering customers an opt-in choice for overdraft coverage on all checking-related transactions last Wednesday.

Synovus Financial Corp. called off a planned exchange of common stock for subordinated notes due to strong demand last week for its common stock offering.