Paul Davis

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.

Private-equity firms have been adding ex-bankers to their lineups the way New York sports teams stock up on free agents. But can these hirings help their new companies win over inherently skeptical regulators in their quest to buy banks?

The Alabama State Banking Board is to meet Wednesday for what could be the death knell for Colonial BancGroup Inc.

Keeping track of the New York Fed chief's schedule; JPMorgan Chase banker retires after 41 years; Bank of America names general counsel.

Bank of America is selling its PayMode electronic payment and remittance processing service in a deal that would give the bank a stake in another payments company.

Bringing a former competitor into the corporate suite before they prove themselves internally runs afoul of long-standing philosophies held by Kenneth D. Lewis, B of A's chief executive, and predecessor Hugh McColl Jr.