With 23 collection agencies working on the U.S. Department of Education's student loan collection contract, and the overall market for higher education debt booming, at least one private equity giant is considering whether to acquire collection agencies involved in the growing niche.

With more than 400 alternative cryptocurrencies in the market, it can be hard for point of sale providers and merchants to know which ones to accept. To determine which altcoins to support in its own point of sale system, Coinkite held a contest.

Buyers of distressed residential mortgages who want financing should tell their prospective backers all about their mistakes, financiers in this niche say.

Peyton Patterson, president and chief executive of Bankwell Financial Group (BWFG) in New Canaan, Conn., has been ordered by a judge to pay more than $350,000 to American Express to address unpaid credit card bills.

Once the Puerto Rican company repays its Tarp funds, management will focus on growing in New York and south Florida. The company also hopes to benefit from any improvement in the Puerto Rican economy.

The Department of Justice and Consumer Financial Protection Bureau's joint action against GE Capital Retail Bank, which recently changed its name, stems from alleged discrimination against Hispanics and marketing of add-on products.

The company is suing Basswood Capital, claiming the activist hedge fund unlawfully accumulated a large stake by violating a confidentiality agreement. It also claims that Basswood's meddling resulted in a subpar capital raise last month.

Former CFPB honcho Richard Hackett is leading industry-funded studies that probe the limitations of the bureau's own research.

The Federal Housing Administration has issued guidance to lenders to prevent deceptive marketing of reverse mortgages to seniors.

Chesapeake Bank & Trust in Chestertown, Md., has begun searching for a new chief executive.

PNC first tested one of the small, temporary branches loaded with technology in Atlanta, and Georgia chief Eddie Meyers wants to bring to bring back more as part of a diverse branching strategy that balances personal service and efficiency.

Union Savings Bank in Ridgefield, Conn., kept sponsoring its local symphony even during the recession when a lot of businesses cut back on giving to the arts.

The nonperforming residential mortgage market is hot, and may be getting a little too hot, with bidding extremely competitive, loan sales advisors say.

Hovde Group in Chicago has hired two former Sandler O'Neill research analysts to lead its equity research group.

Women are losing ground in their fight to diversify the industry’s C-suites. It’s easy to see why, and a hard trend to reverse.

Higher-education collection agency ConServe, regularly named a top performing company by the U.S. Department of Education, is expanding in Western New York.

OmniAmerican (OABC) had a good problem earlier this year: competing offers from eager buyers. The Texas bank, which accepted a slightly smaller price from Southside Bancshares (SBSI), explained its reasoning in a regulatory filing. Here are the highlights.

Just because mortgage lenders are reducing credit score cutoffs doesn't mean they are recklessly increasing their risk exposure. The relationship between credit scores and borrowers' probability of default changes over time.

Potential bidders for one of the largest blocks of bitcoins ever sold said they are irked after the U.S. government accidentally outed their names in an e-mail.

Melissa Bean, a former three-term member of Congress, has been named chair of JPMorgan Chase's (JPM) Midwest business.