Paul Davis

A series of legal setbacks is complicating Bank of America's bid to rehabilitate its brand, regain momentum and tap into an economy that is showing early signs of resurgence.

A year later, there are signs Bank of America Corp. may be turning the corner with its much-maligned acquisition of Merrill Lynch & Co., leading some of the deal's original critics to believe it is paying off strategically.

Richard Davis, U.S. Bancorp's chairman and CEO, takes umbrage at the notion that banks are refusing to lend; B of A names executive chairman of global banking and markets.

Bank of America is looking to improve communication with community groups by tapping an executive for the newly created position of consumer policy executive.

29, 30, 31 … Here!

Regional banking companies have a rare chance to take business from bigger competitors in capital markets, but their own problems are making it tough.

Michael Willoughby, who had been Regions' chief credit officer since it bought AmSouth Bancorp. in 2006, was reassigned to the role of director of credit risk, reporting to chief risk officer William Wells.

The fair value of loans held by the nation's biggest banks continues to decline, indicating that credit markets have not yet turned around and raising serious questions about the effectiveness of the government's efforts to help the industry through the credit crisis.

The fair value of loans held by the nation's biggest banks continues to decline, indicating that credit markets have not yet turned around and raising serious questions about the effectiveness of the government's efforts to help the industry through the credit crisis.

Citi chief joining the lecture circuit; Associated searching for new CEO; BB&T hires from within to bolster its corporate board.

Alabama has become a battleground over cheap deposits and lucrative commercial loans in the wake of three failure-related takeovers.

Bank of America Corp. on Monday defended itself from claims it misled investors about bonus payouts at Merrill Lynch & Co.

The $175 billion-asset company has already raised $870 million by selling 33.45 million shares at $26 each, according to sources familiar with the offering who asked not to be named.

BB&T's aggressive markdown of Colonial credits, very much akin geographically to the Winston-Salem, N.C., company's own, is raising analysts' eyebrows.

By absorbing Colonial Bank, BB&T Corp. is staking a claim to be the Southeast's dominant regional bank, but it will face challenges maximizing the value of the purchase.

Bank of America Corp. promoted Cathy Bessant to president of global corporate banking under a plan to link its corporate bankers to more products.

By absorbing Colonial Bank, BB&T Corp. is staking a claim to be the Southeast's dominant regional bank, but it will face challenges maximizing the value of the purchase.

Wells funds over $200k for business owners' study; new Bank of America exec buys shares of stock in the company; Royal Bank of Scotland hires a CFO.

At the center of several scenarios for the company's future is one of its remaining tasty morsels — a profitable branch network in Texas.

Colonial BancGroup Inc. said Wednesday that it will delay filing its second-quarter financial results with the Securities and Exchange Commission because of a criminal probe into "accounting irregularities" in its warehouse lending division.