A Senate committee approved legislation Thursday that would offer some protection from federal authorities to banks and credit unions doing business with state-authorized marijuana merchants.

Visa Inc. shares surged 7.5 percent after the world's biggest payments network said it expects to complete discussions over a potential deal to acquire Visa Europe Ltd. by the end of October.

Capital One Financial reported quarterly profit that fell well short of analysts' forecasts due to a high loan-loss provision, restructuring charges and a legal reserve in the United Kingdom.

JPMorgan Chase has renewed a partnership to offer co-branded credit cards with Southwest Airlines.

WASHINGTON — Student Financial Aid Services is facing more than $5.2 million in charges after the Consumer Financial Protection Bureau alleged the company illegally signed up consumers for student financial assistance and proceeded to automatically bill them annually.

Tough competition for loans and ever-stronger credit quality has Discover CEO David Nelms considering a move down the credit spectrum toward more subprime consumers.

A lawsuit filed by Virginia Attorney General Mark Herring against B&B Pawnbrokers Inc. in Spotsylvania, Va. alleges the business has been making illegal, unlicensed motor vehicle title loans and charging excessive fees for them.

Ruth Porat wows investors in her first earnings call as Google's CFO while Marianne Lake moves a step closer to running JPMorgan's future calls. Elsewhere, Lynn Tilton bids to move her fraud trial to federal court, Janet Yellen hints at support for raising the SIFI bar and Obama gets ready to nominate another woman for Fed governor.

TCF Financial in Wayzata, Minn., reported lower second-quarter profit as it paid more in salaries and employee benefits and a larger loss provision ate into net interest income.

The SBA's popular 7(a) program has reached its maximum funding authority. Banks may have to decide on providing short-term aid to small businesses that face delays getting loans.

The $1.7 billion-asset First State expects its deal for $264 million-asset Central to close before the end of the year.

The Consumer Financial Protection Bureau's new integrated disclosure regulations could pose problems for warehouse line providers along with their mortgage lender clients.

Renee Nash was named to the $155 million-asset bank's board Monday. Folsom Lake's board has varied in number over the years, between nine and 12 members. The bank currently has 10 directors.

Huntington Bancshares in Columbus, Ohio, reported higher quarterly in profit that reflected higher in mortgage banking fees and steady loan growth.

Capital One Financial Corp., the credit-card lender that grew into a diversified bank, hired former PayPal executive Don Kingsborough to help run a division that makes strategic investments in technology startups.

The Consumer Financial Protection Bureau, citing illegal student loan and debt collection practices, on Wednesday fined Discover Bank $18.5 million.

The U.S. Department of Defense on Tuesday issued the final Military Lending Act (MLA) rule to protect service members from predatory credit practices and grow their financial protections.

Eagle Bancorp in Bethesda, Md., exceeded analysts' expectations for the second quarter.

Texas Capital Bancshares in Dallas reported a higher second-quarter profit, citing increased lending and a boost in the number of loans held for investment.

TrustCo Bank Corp NY in Glenville, N.Y., has agreed to improve corporate governance, capital planning, internal auditing and other areas after federal regulators found the issues during an examination.