The Federal Deposit Insurance Corp. in August issued eight consent orders and one civil money penalty, according to its latest monthly roundup of enforcement actions released Friday.

Tory Nixon played defense for San Francisco's famed NFL team in some of its glory years, but now he's on offense, seeking to build out commercial lending and retail operations in Northern California for California Bank & Trust.

Great Western Bancorp in Sioux Falls, S.D., could sell up to $100 million shares of its stock during its planned initial public offering.

Columbia University's Rare Book & Manuscript Library is now the keeper of ledgers, meetings minutes and correspondence covering the years in which The Clearing House Association helped steer the country's banking system through financial turmoil.

The U.K. Financial Conduct Authority isn't planning individual fines on foreign-exchange traders as the regulator nears settlements with the banks they work for, said two people with knowledge of the discussions.

Apple has a high-profile name and knack for revolutionizing the markets in which it operates. But consumer confusion over a myriad of mobile payment options and technologies may be a stumbling block for Apple Pay.

More community banks are looking to outsource their mortgage operations to reduce the regulatory burden, but structuring such deals — and determining proper compensation — can be tricky. Here's how two Chicago-area lenders solved the problem.

The National Association of Retail Collection Attorneys has responded to the Consumer Financial Protection Bureau's proposal to make consumer narratives public.

Hudson City Bancorp in Paramus, N.J., has sold $112.1 million in delinquent, FHA-backed mortgages.

Bank of America's recent mortgage settlement with the DOJ includes a number of striking admissions about its underwriting and origination process in the run-up to the financial crisis. These facts may provide banks and correspondent lenders facing buyback demands with a fresh line of defense.

LANSING, Mich. — Lake Trust Credit Union is set to relocate its headquarters to Brighton, Mich., about 45 miles to the east, but it's the CU's planned new corporate facilities that some observers say could have lasting implications on how other credit unions design their management offices.

WICHITA, Kan. — At Meritrust CU here, the two branches overseen by Sara Carver are something of a study in contrasts.

CLAMONT, Del. — Transforming one location of Eagle One FCU here has transformed branch traffic as well.

First Republic Bank in San Francisco expects its four-quarter average assets to reach $50 billion late next year.

BNC Bancorp in High Point, N.C., is planning to issue $60 million in subordinated notes to pay off a loan from another bank.

First Busey in Champaign, Ill., has agreed to buy Herget Financial in Pekin, Ill.

Credit cards and installment loans that are sold to active-duty military members would be subject to a series of consumer protections under the new Defense Department proposal. High-cost lenders easily evaded the earlier rules, which applied more narrowly.

The regulator of Fannie Mae and Freddie Mac should require banks and mortgage lenders to obtain independent, third-party tests to ensure compliance with its guidelines, according to a government watchdog report.

PayPal is going slow when it comes to Bitcoin, limiting its current focus to emerging channels and relying on partnerships with virtual-currency processors in North America.

Putnam County Savings Bank in Brewster, N.Y., has agreed to buy CMS Bancorp in White Plains, N.Y.