Two federal investigations into General Electric Co.'s credit card business are underway to determine if the unit violated consumer finance laws.

The number of homeowners who receive loan modifications rose to roughly 44,000 in January — up 2% from the previous month, according to a report from the mortgage industry group Hope Now.

Treasury's Bank Secrecy Act Advisory Group will include a member of the virtual-currency community to help make regulations "better informed and more effective," David S. Cohen, the undersecretary for terrorism and financial intelligence, said today.

A breakdown of M&A announcements in the financial services industry for the week ended March 15.

United Community Financial (UCFC) in Youngstown, Ohio, has hired an outside executive to become its next president and chief executive.

Like the Postal Service, small banks must radically change their business model, expect more consolidations and mergers, focus on critical services and avoid relying on the U.S. government for help – it could make things worse.

A payday lending bill in Idaho, designed to dictate how much payday lenders can give borrowers, won passage in the state's House of Representatives on Monday by the slimmest of margins.

Talmer Bancorp (TLMR) in Troy, Mich., could enjoy a bigger-than-expected benefit from its purchase of Michigan Commerce Bank.

The settlement monitor gave the banks credit for $20 billion in relief — less than half the total provided, since only partial credit was given for breaks other than principal reduction.

House Financial Services Committee Chairman Jeb Hensarling (R-Texas) is calling on Consumer Financial Protection Bureau Director Richard Cordray to end the bureau’s closed-door meeting policy for its four advisory councils.

One of Bitcoin's scariest traits is the digital currency's chaotic price fluctuations, making many consumers afraid of losing money if the price abruptly plummets.

First Republic Bank (FRC) in San Francisco is planning to sell more than 3.5 million shares of common stock.

The bill released by Sens. Tim Johnson and Mike Crapo would create a reinsurance fund to recoup losses on securities, establish a common securitization platform for the secondary mortgage market and open access to the secondary market for smaller lenders through a cooperative.

Once thought of as cheap capital, Tarp is getting more expensive as the dividend rate jumps from 5% to 9%. Banks that are still in the program could see the increase as one more force pushing them to consider their options.

A positive spin around branches will proliferate, as will talk about wearable tech. Oh, and expect tons of M&A -- between banks and nonbanks.

Square 1 Financial in Durham, N.C., is planning to hit the road to promote its planned initial public offering.

CBFH in Orange, Texas, has agreed to purchase MC Bancshares in Houston.

JPMorgan Chase illegally won thousands of default judgments in credit card collection lawsuits by robosigning affidavits, according to a class action lawsuit filed in the U.S. District Court for the Southern District of Florida.

Joseph Stilwell has reached a truce with another banking company.

Virginia National Bankshares (VABK) in Charlottesville, Va., is facing pressure from an activist investor to consider selling itself.