A bipartisan commission, in lieu of a director, would encourage internal deliberation and constrain the CFPB’s ability to make politically motivated or ill-informed decisions.

Commerzbank, Germany's second-biggest bank, agreed to sell its U.K. real estate lending unit to Wells Fargo and Lone Star Funds to comply with European Union state-aid rules following its bailout.

HSBC North America has begun a program to help companies participate in the U.S. export boom.

Barclays is in an awkward situation that will ring familiar to bankers in the U.S. The U.K. bank has been terminating relationships with money transmitters, including several that wire funds to Somalia, a ravaged country that relies heavily on remittances from immigrants in the West. The bank says it's uncomfortable with the risk and expense of serving these businesses in light of recent fines levied against big financial institutions for anti-money laundering lapses. But now it's being accused of starting a humanitarian crisis.

For the second consecutive month, lawsuits citing violations of three key collection laws fell, according to data from U.S. district courts.

First PacTrust in Los Angeles plans to become to Banc of California, effective July 16.

The Federal Trade Commission has settled with five companies charged in a joint law enforcement sweep last year that involved millions of illegal pre-recorded robocalls claiming to be from “Rachel” and “Cardholder Services” and pitching credit card interest rate reduction services.

First Bank in Hamilton, N.J., has agreed to buy Heritage Community Bank in Randolph.

MB Financial has agreed to buy Taylor Capital Group. The deal would create one of the largest banking companies in Chicago.

Future banking will feel more like a medical relationship, serving customers with the intimacy and attention of the family doctor. This will require a Hippocratic-oath level of trust.

What products and services will tomorrow's banks offer that truly add value and that customers will be willing, even happy, to pay for? We asked contributors to think big and broad.

Citigroup Inc., the third-biggest U.S. bank by assets, posted a 42 percent increase in second-quarter profit that beat analysts' estimates as stock-trading revenue surged and losses on unwanted assets declined.

M&A, bank consolidation and marketing strategies are among the reasons why a number of banks have changed their names in recent months. Here are some notable examples from this year.

WINSTON-SALEM, N.C. – Allegacy FCU will open a new office in a remodeled former Blockbuster Video building in Winston-Salem this morning.

FBC Bancshares in Conroe, Texas, has raised $13 million in a debt offering.

Delays in foreclosures — and in reimbursements to banks — are buying the beleaguered Federal Housing Administration more time to build its cash reserves.

JPMorgan Chase's leaders on Friday rebuffed questions about the widespread problems in their credit card debt collections operations — and about what they are doing to fix them.

Republic Bancorp (RBCAA) of Louisville, Ky., hopes a deal for a small thrift owned by H&R Block will help it rebuild momentum it has lost in recent years.

Wells Fargo set another profit record in the second quarter, but analysts wonder how long the streak can continue.

The largest U.S. bank's forecast of a steep decline in mortgage volume and continued regulatory uncertainty raised alarm bells about the whole industry. Possible growth in credit cards offered a ray of hope.