Victoria Finkle

After Wells Fargo reported record second-quarter profit on Friday, CFO Timothy Sloan explained why the bank is optimistic about mortgages, M&A and expenses.

The San Francisco bank's $175 million fair-lending settlement with the Department of Justice announced on Thursday amounts to a drop in the bucket relative to its strong second-quarter earnings, driven in large part by its mortgages unit.

Regions Financial has unveiled a new line of Visa credit cards, following its repurchase of its card portfolio from Bank of America's FIA Services last summer.

The lawsuit, filed on behalf of a Baton Rouge, La., man suffering from Alzheimer's disease, accuses a banker from JPMorgan Chase of using a debit card to steal $300 a day for more than a year.

San Bernardino County is forging ahead with deliberations on a proposal to seize underwater mortgages, despite its largest city's decision to seek bankruptcy. But industry members say the bankruptcy could interrupt funding for the plan.

Analytics companies FICO and CoreLogic have launched a new credit score to help mortgage lenders better evaluate potential borrowers.

Provided it kept costs in line and has no bad surprises to announce Friday, Wells Fargo could steal some of the glow normally monopolized by JPMorgan Chase during earnings season.

UBS analysts downgraded Visa (V) and MasterCard (MA) stocks to "sell" ratings on Monday, citing weaker U.S. and global economic data.

Bank of America and Citigroup will be joining some of their largest competitors in offering customers simpler checking account disclosures, the banks confirmed Thursday.

Jerome Byers, Citigroup's new head of small business banking, discusses priorities for the unit and his own past as a small-business owner.

The Twitter account @NeedADebitCard calls attention to people who inexplicably decide to broadcast their debit account details in online photos.

Retailing giant Wal-Mart may be pulling American Express prepaid cards from its shelves due to poor sales, according to an analyst report from Jefferies & Co.

More consumers failed to pay down their home equity lines of credit in the first quarter of 2012, according to the American Bankers Association.

Wells Fargo is the latest of the big banks to unveil simpler checking account disclosures for customers, following rollouts by JPMorgan Chase, Regions and TD Bank.

Regulators are taking a hard look at payday lending practices, and that could give banks an unprecedented edge over storefront operators.

Blogger Felix Salmon tests whether it's faster to deposit a check via mobile phone or at a nearby ATM in a video posted this week.

JPMorgan Chase will stop charging customers overdraft fees for transactions under $5, as part of its efforts to settle a class-action lawsuit about its overdraft practices.

North Carolina's Our State magazine is launching its own credit card with Greensboro-based NewBridge Bank.

Discover has started originating mortgages after buying Tree.com's home loan unit, but executives say the lender will be slow and "sensible" about expanding the business.

An employee of First Federal Savings Bank of Iowa helps rescue a kitten trapped in a ventilation pipe next to one of the bank's branches.