The lawsuit claims that Benjamin Weinger of 3-Sigma Value conspired with certain directors to defame the executives before the board fired them earlier this month.

The first-quarter profit at Cardinal Financial Corp. (CFNL) in Tysons Corner, Va., fell 42% from a year earlier, largely due to merger-related expenses.

The Consumer Financial Protection Bureau unveiled a new pilot program on Wednesday designed to allow consumers the ability to electronically review and file mortgage closing documents.

New York's top banking regulator, Benjamin Lawsky, is suing a Long Island subprime auto lender for allegedly refusing to refund customers money that they were owed and failed to protect confidential customer information.

The state is asking Google, Comcast and other companies to stop running ads for companies that can't lend legally to its residents. Bankers are also being urged to be on the alert for illegal loans to their customers.

How Popular's decision to sell operations in California, Illinois and central Florida fit into the plans of three community banks looking to grow.

A Democratic coalition of nearly two dozen lawmakers is urging the Department of Education to change its rules to better protect students from unfair banking practices at colleges.

PacWest Bancorp (PACW) in Los Angeles reported a surge in quarterly profits as the company produced more loan revenue.

By buying more goods and services from businesses rooted in diverse communities, banks can build bridges with those communities and expand their customer base. And by expanding their networks of potential suppliers, banks can obtain better quality services at lower prices.

Cullen/Frost Bankers (CFR) in San Antonio reported a profit of $59.2 million in the first quarter on strong asset and deposit growth.

M&T Bank (MTB) in Buffalo announced that former vice chairman Michael Pinto has died.

Jefferson Bancshares' efforts to sell itself were marked by several fits and starts over three years, highlighting the fickle nature of consolidation since the financial crisis.

Talking to consumers about the impact of their borrowing and payment decisions on their credit reports and credit scores is a critical part of helping them make solid financial decisions. But legal restrictions may ultimately deter companies from engaging in those types of discussions.

A failed Kansas bank is suing state regulators alleging that they had insufficient grounds to close it.

The Santa Clara (Calif.) County Department of Revenue, which acts as the county's central collection agency, reported Tuesday that 1,060 people are the potential owners of nearly $244,000 in unclaimed money.

Midland, Texas is the latest in a growing number of cities proposing an ordinance that affects payday lenders, or credit access businesses.

Simsbury Bank (SBTB) in Connecticut named a new retail management officer to succeed Howard Zern who is retiring at the end of this month.

Flagstar Bancorp (FBC) in Troy, Mich., reported a significant first-quarter loss as its loan-loss provision more than quintupled.

Those in the industry say customers aren't asking for specific same-day capabilities. Could it be that they aren't asking because they are finding solutions elsewhere?