Three Missouri businessmen accused of defrauding Excel Bank, which later failed, were arraigned in federal court in St. Louis on Friday.

New York Community Bancorp CEO Joseph Ficalora continues to look for a transformative acquisition to cross $50 billion in assets -- even if it invites extra regulatory scrutiny.

A U.S. district court has halted and frozen the assets of an Orlando, Fla.-based operation that used pre-recorded telephone calls, also known as robocalls, to pitch purportedly free medical alert devices to senior citizens by falsely stating the devices had been purchased for them by a relative or friend.

Instead of trying to blame the Target breach on card companies and drag unrelated issues into the discussion, merchants should work with the payments industry to find solutions.

Coastway Bancorp in Cranston, R.I., expects to complete its conversion to a public holding company by the close of business on Tuesday.

Hawaii National Bank in Honolulu has a new chief financial officer.

The Federal Housing Finance Agency's new director, Mel Watt, has appointed four veteran government officials as special advisors.

Patriot National Bancorp (PNBK) in Stamford, Conn., is in the market for a new president and chief executive.

All of the typical measures of mortgage distress continue to improve, according to CoreLogic's National Foreclosure Report for November. The report contains a supplement featuring quarterly shadow inventory data as of October 2013.

The Consumer Financial Protection Bureau is expected to draft rules governing payday lending this year. But the conventional wisdom that will likely guide it is based on false perceptions about the working poor and the best way to serve them. So argues Lisa Servon, a professor at The New School.

Farmers & Merchants Bank (FMBL) in Long Beach, Calif., has hired a chief banking officer, filling a newly created post.

No matter how streamlined my finances have become, there is one regular nuisance: sending money to and from family or friends without the friction that requires recipients to provide hard-to-remember information like account numbers and routing numbers.

Iberiabank Corp. (IBKC) in Lafayette, La., has agreed to buy Teche Holding (TSH) in New Iberia, La.

We’re asking customers from different demographics to describe what they are looking for from their financial services providers.

Neiman Marcus Group Ltd. said Jan. 10 that some unauthorized purchases may have been made with customer cards, the second retailer after Target Corp. to be struck by hackers during the important holiday season.

Bitcoin is gaining legitimacy as an alternative to cash and card payments, but for all its popularity, the digital currency has many limitations. Here are a few.

The $4.7 billion-asset company and certain investors are planning to raise up to $230 million through an initial public offering.

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Merchants Bancorp in Hillsboro, Ohio, has agreed to buy certain assets and assume certain liabilities of a DCB Financial (DCBF) branch.

Auto lenders are making more loans to weaker borrowers as consumer demand for cars increases and low interest rates continue to fatten profit margins, according to a Moody's report released Friday.