The Rhode Island company had barely opened the doors of its Fairfield County mortgage office when management started getting pushed about making a bigger splash. For now, CEO Joseph MarcAurele seems content to keep one toe in the water.

Doral Financial in San Juan, Puerto Rico, has provided the Federal Deposit Insurance Corp. with its capital restoration and contingency plans.

EverBank Financial in Jacksonville, Fla., reported higher quarterly profit due to an uptick in residential lending.

BOK Financial in Tulsa, Okla., reported quarterly earnings that held steady as higher fee revenues offset rising operating expenses.

Park National in Newark, Ohio, reported lower quarterly earnings due to higher operation expenses and credit costs.

UMB Financial in Kansas City, Mo., reported higher quarterly profit on strong commercial lending.

As the financial industry scrambles to monetize big data, it would be smart to remember that consumers' growing concerns about privacy issues might stanch the flow of personal information in coming years.

The Office of the Comptroller of the Currency on Tuesday cleared up a key part of a recent bulletin issued on consumer debt sale arrangements between third parties.

A former Georgia community banker who faked his own death two years ago was sentenced on Tuesday to serve 30 years in prison for committing fraud that led to a bank's failure.

A federal court complaint against AT&T Mobility LLC charges that the company misled millions of its smartphone customers by charging them for unlimited data plans while reducing their data speeds, in some cases by nearly 90%.

Trustmark Corp. in Jackson Miss., reported a rise in quarterly profit that benefited from a larger loan portfolio.

Bank of New York Mellon pledged a 17% to 19% return on equity in the coming years, but that may not be enough to satisfy activist investors and analysts of the big custodian bank.

The Consumer Financial Protection Bureau issued a report Tuesday highlighting illegal actions uncovered from supervising the student loan servicing market.

The $6.4 billion-asset bank said in a press release Tuesday that it has struck a deal with Aperture Media Partners, a film financing company in Los Angeles, to provide loans to the entertainment industry.

The Consumer Financial Protection Bureau released a report Tuesday highlighting illegal servicing practices in the $1.2 trillion student lending market, including charging illegal late fees, allocating payments to maximize late fees and misrepresenting minimum payments.

Community banks in the Northeast have gotten healthier in the past year, and loan growth has nearly doubled. Now OCC officials are worried that banks may be overstretching to protect their thin profit margins.

First Citizens BancShares in Raleigh, N.C. reported a significant decline in quarterly earnings due to a higher loan-loss provision and increased operating costs.

BlackRock managed the year's largest sale of legacy mortgage assets Tuesday. Credit Suisse submitted a winning bid and quickly resold as much as 40% of the U.S. mortgage paper it bought.

Many of the checking accounts offered on U.S. military bases come under criticism in a new report from the Pew Charitable Trusts.

The $44 billion-asset specialty lender viewed its pending purchase of OneWest Bank as its way to get significantly over the $50 billion threshold for systemically important financial institutions. But CIT CEO John Thain is all for a proposal that would raise the SIFI bar higher.