The CFPB has launched a review of the store-branded card deals that offer 0% interest during an introductory period, but then reset to a much higher rate if the balance is not paid in full by a specific date.

Diebold Inc., a maker of ATMs and bank security systems, agreed to pay more than $48 million to settle allegations by the U.S. that it bribed officials in Russia, China and Indonesia.

Poage Bankshares (PBSK), in Ashland, Ky., has agreed to acquire its crosstown rival, Town Square Financial, for $14.7 million.

Bankers are devoting more attention than ever to regulatory compliance and cost-cutting, but they need to be careful not to let service suffer in the process, a panel of CEOs said Tuesday.

Analysts hammered Regions and Synovus for a rising cost base amid weak economic conditions, while Signature Bank in New York was given a pass since its revenues are growing faster than its expenses.

WASHINGTON — Financial regulators said Tuesday that lenders who only make so-called qualified mortgages should not be concerned about inadvertently triggering a fair-lending violation.

National Bank Holdings (NBHC) in Greenwood Village, Colo., has formed a division to specialize in government and nonprofit clients.

Severn Bancorp (SVBI) in Annapolis, Md., swung to large quarterly loss as it worked to restructure its balance sheet by selling off bad loans.

Great Southern Bancorp (GSBC) in Springfield, Mo., beat analysts' estimates in the third quarter by reducing expenses and improving credit quality.

FirstMerit Corp. (FMER) in Akron, Ohio, earned $40.7 million in the third quarter, up 16% from the same period a year ago, due largely to its recent acquisition of Citizens Republic Bancorp in Flint, Mich.

Foundations Bank in Pewaukee, Wis., has made it official with interim leader John Hazod.

The two cities join New York, L.A. and other cities in trying to force the banks that hold municipal deposits to make more loans in low-income neighborhoods. Some industry officials oppose them, while others welcome them.

Efforts to revive the private-label mortgage-backed securities market were dealt a blow Tuesday when Shellpoint Partners, the firm backed by the mortgage-bond pioneer Lewis Ranieri, said it would withdraw a proposed securitization and instead sell its jumbo loans to the highest bidder.

Blacks and Hispanics are likely to find it more difficult to obtain credit or face paying higher prices when the "qualified mortgage" rule goes fully into effect, a process that could take up to seven years.

Los Angeles-based Wilshire Bancorp (WIBC) said this week that it had a third-quarter profit of $11.3 million, largely due to steadily improving credit quality and net gains on loan sales.

Aaron’s Inc., a national, Atlanta-based rent-to-own retailer, agreed to settle Federal Trade Commission charges that it knowingly played a direct and vital role in its franchisees’ installation and use of software on rental computers that secretly monitored consumers including by taking webcam pictures of them in their homes.

The new qualified-mortgage rule is pressuring vendors of loan origination systems to work with lenders to re-code their systems. There's a lot of work to be done before the Jan. 10 deadline.

As Fexco and First Data demonstrated their futuristic ATM concept, they emphasized that the bank is at the heart of the offering. And as Lamassu demonstrated a similar device for bitcoin users, a very different message came across.

Improved asset quality helped BancorpSouth (BXS) boost its quarterly profit.

Improved credit quality and steady loan yields helped Hanmi Financial Corp. (HAFC) post solid earnings in the third quarter.