Synovus Financial (SNV) in Columbus, Ga., will raise roughly $125 million through a preferred stock offering.

Improved credit quality pushed up quarterly profit at TCF Financial Corp. in Wayzata, Minn., despite declines in interest and fee revenue.

Shopkick now allows consumers to make purchases directly from its mobile app, which rewards consumers for visiting its merchant clients in-person.

Regions Financial reported lower second-quarter earnings after the Birmingham, Ala., company restructured its debt and redeemed certain securities.

PacWest has agreed to buy CapitalSource for $2.3 billion, a transaction that would fulfill CapitalSource's longtime goal of becoming a full-fledged bank. It is the year's biggest bank deal.

Quarterly profit at BancorpSouth (BXS) in Tupelo, Miss., were nearly unchanged from a year earlier after the company struggled to boost revenue from its balance sheet.

Hancock Holding (HBHC) has agreed to sell 10 Whitney Bank branches that the Gulfport, Miss., company had planned to close, as well as loans and deposits associated with the branches.

With Richard Cordray here to stay, the Consumer Financial Protection on its second anniversary is poised to expand rules, accelerate enforcement actions and resolve looming staff uncertainties.

Zions Bancorp. (ZION) in Salt Lake City reported flat second-quarter results after it redeemed trust-preferred securities and refinanced debt.

Wilshire Bancorp is projecting cost savings of 60% for its deal with a Los Angeles rival, Saehan Bancorp. If it can pull that off, more intra-market deals among Korean-American banks could follow.

Banks must throw away their traditional thinking and acting like the newcomers in the business.

A legal-support firm under investigation by the Consumer Financial Protection Bureau is accusing the CFPB of overstepping its bounds in demanding personal information about the firm's clients.

A Kentucky jury has awarded $7 million to a developer who claimed that Porter Bancorp (PBIB) committed fraud when it backed out of planned loan sale.

Nonbank lenders are analyzing reams of data to help decide if they should make short-term loans to cash-strapped consumers who don't qualify for mainstream credit.

Northwest Bancshares in Warren, Pa., reported lower quarterly earnings because of a lower net interest margin and higher expenses.

Identity management and trust in the online world may be the new business of banking.

The House Financial Services Committee plans to mark up legislation Tuesday to wind down Fannie Mae and Freddie Mac and replace them with a system primarily driven by the private sector.

An upcoming dividend rate increase on shares issued under Tarp could prompt more banks to find buyers.

Two new bills in Congress would undermine Dodd-Frank’s ability-to-repay rule and recreate incentives for lenders to steer families into high-risk, high-fee loans they do not understand and cannot afford.

Customers Bancorp in Wyomissing, Pa., has begun a $25 million debt offering.