Citigroup, the fifth-biggest U.S. mortgage originator last year, is cutting about 1,000 jobs in its home-lending business.

With every action now being scrutinized in real time, banks don't necessarily need guidelines and mandates to know if they are doing right by customers and shareholders, Fifth Third CEO Kevin Kabat says at American Banker's Regulatory Symposium.

You would be forgiven in thinking the OCC has been solely preoccupied with JPMorgan Chase in recent days, but the agency has disciplined three other national banks since late August, according to its monthly roundup of enforcement actions.

JPMorgan Chase will be charged by federal prosecutors in California in connection with sales of mortgage-backed securities, a person familiar with the matter said.

Banking expert Dennis Jacobe, an economist who held top posts at the U.S. League of Savings and Loan Associations, the Financial Research Institute, and the Gallup Organization, has died. He was 66.

Panelists at American Banker's Regulatory Symposium will discuss a federal proposal addressing how banks should develop risk management policies for their use of social media.

Sandler O'Neill included several new additions to its annual ranking of top-performing small banks and thrifts, suggesting that small lenders are slowly returning to pre-crisis health.

A breakdown of M&A announcements in the financial services industry for the week ended Sept. 21.

A New Jersey woman has sued two collection companies in a class-action case alleging consumer fraud over allegations they misled Victoria's Secret cardholders about interest on debts.

City National Bank of Florida in Miami has made two executive changes as its sale to a Chilean bank nears.

Managing the royalties of oil and gas landowners could generate big new fee opportunities for well-positioned banks.

With demand for autos reaching a nearly six-year high, consumer spending was expected to rise in August for a fourth consecutive month, economists said before reports this week.

Sterling Financial in Spokane, Wash., has gone ahead with rebranding its California operations as Argent Bank despite its recent merger announcement.

Webster Financial in Waterbury, Conn, said Gerald Plush, its president and chief operating officer, will step down at the end of the month.

Investar Bank in Baton Rouge, La., is getting ready to go public.

First Republic Bank (FRC) in San Francisco has acquired a minority stake in Nigro Karlin Segal & Feldstein, a Los Angeles business management firm that caters to the stars.

BB&T Corp. (BBT) lost a bid to recover at least $688 million in taxes and penalties as a federal judge ruled a series of transactions with Barclays Plc (BARC), aimed at generating tax credits, lacked economic substance.

We need to encourage women to disrupt the status quo and take jobs in uncharted territory, like those in risk management, social media, mobile banking and big data analytics.

Before there was Bitcoin, there was Ven, a digital currency that launched six years ago as part of the Hub Culture social network.

DES MOINES, Iowa – Veridian CU will open its 26th branch Tuesday inside the new Prairie Trail Hy-Vee, which is opening the same day.