Banks have to reconsider how their customers are using mobile technology, branches and ATMs, and successful companies will create an "integrated multichannel experience," says Bank of the West's Andy Harmening, a senior executive vice president and regional banking group head. He spoke to American Banker at the annual Best Practices in Retail Banking Symposium.

Regulators seized two banks in Florida, and one in Kentucky, in a trio of failures Friday.

Aided by improved asset quality, lower expenses and increased fee income, Park National in Newark, Ohio, said Friday that it earned $20.7 million, or $1.34 per share, in the first quarter, easily beating consensus analysts' estimates.

The troubled Metropolitan Bank Group in Chicago has been ordered by the Federal Reserve not to boost the pay of its directors or officers without the Fed's permission.

American International Group (AIG) won a request to return its $10 billion lawsuit against Bank of America (BAC) over mortgage securities to state court in New York.

Brenda Battey has been approved by the Federal Reserve Bank of San Francisco to be CFO of the company, it said Friday.

First Horizon National (FHN) in Memphis, Tenn., boosted profits by cutting costs in the first quarter.

Bank of the West in San Francisco is promoting a new program that will provide unsecured credit cards to foreign nationals who have scant records as borrowers in the United States.

Card issuers say they will wait for loan demand to return, content for now to live largely on the profits generated by swipe fees.

The burden on small banks from a new escrow rule for higher-priced mortgages should be relatively small, according to guidance released by the Consumer Financial Protection Bureau on Friday.

The Federal Deposit Insurance Corp. has lifted a regulatory order from Macatawa Bank (MCBC) in Holland, Mich.

Associated Banc-Corp of Green Bay, Wis., has made significant strides in its bid to become more efficient, but CEO Philip Flynn admits it has much more work to do.

Revenue is expected to strengthen at least a little in the second quarter, but cost-cutting is here to stay until the economy really improves.

Carolina Bank Holdings (CLBH) in Greensboro, N.C., has completed its exit from the Troubled Asset Relief Program.

Carver Bancorp (CARV) in New York will recruit out-of-work public-housing residents to work in its branches through a program funded by Morgan Stanley (MS).

The former Citigroup and Bank of America executive told attendees at a forum that the banking industry must diversify and embrace women as more than a niche market.

The Office of the Comptroller of the Currency's has decided that trust-only banks must first get FDIC insurance, a move that may drive greater interest in state trust charters and subject some parties to a federal freeze on nonfinancial firms owning limited-purpose banks.

The Buffalo, N.Y., company is content to book loans and cut costs rather than expand aggressively with acquisitions.

Mutuals are evaluating proposed legislation that would create a new type of preferred stock and create a federal charter that allows for more commercial lending.

Shares of City National rose slightly Friday after the Los Angeles company reported strong first-quarter loan growth and good expense management.