The Consumer Financial Protection Bureau is planning a crackdown on the interest rate markups that auto dealers add onto the cost of car loans. Although it's dealers who originate the loans, the CFPB lacks the authority to regulate them directly. Bankers fear that as a result the agency will turn its focus to holding them accountable for monitoring loans made by the dealers with whom they work.

Standard Chartered has been forced to retract comments by its chairman that the U.K. bank's laundering of hundreds of billions of dollars on behalf of Iran was inadvertent.

Dale Diederick, 1st Capital's senior credit officer, is set to take over the new role, 1st Capital said Thursday.

Huntington Bancshares (HBAN) has promoted a veteran executive to be its director of commercial real estate.

A judge in New Jersey limited Spencer Savings Bank's ability to control the process for director nominations.

Ally Bank said Thursday that it plans to sell a portfolio of mortgage-servicing rights to Quicken Loans for approximately $280 million. The loans have an unpaid principal balance of $34 billion as of Jan. 31 and are expected to be refinanced after the sale.

Yadkin Valley Financial (YAVY) in Elkin, N.C., is selling a branch to Union Bank & Trust Company in Oxford, N.C.

Banks often disclose the nature of their largest lending relationships in regulatory filings, and the level of detail is interesting. Here are some notable examples.

Quiet financial markets permit greater leverage and risk taking, helping lower volatility further — until a large shock arrives. Then, hold on to your hats… Plus: Fed raises bar on stress tests; why the exercise is an opportunity for banks.

PNC Financial Services Group (PNC) has named the next chief executive for its mortgage lending unit.

A push is on in Congress to reinstate a program that allowed small businesses to refinance commercial mortgages using government-backed funds.

Reps. Maxine Waters, Carolyn Maloney and 44 other lawmakers introduced a bill Wednesday to address numerous concerns about overdraft fees.

Cathay General Bancorp (CATY) in Los Angeles has repaid half the money it received through the Troubled Asset Relief Program.

Shareholders of ECB Bancorp (ECBE) have approved the Engelhard, N.C., company's sale to Crescent Financial (CRFN).

The current M&A cycle has its first cautionary tale in John Koelmel and his departure from First Niagara. The Buffalo bank expanded rapidly but erred in its deal for the HSBC branches.

Members of the House Financial Services Committee raised concerns Wednesday about the current business environment for small banks, pressing regulators about the lack of bank charters in recent years and the effect of new rules on the industry.

Holding companies facing looming debt maturities are exposed to the risk of a forced sale or possible forfeiture of the stock of their bank subsidiaries.

The next CEO at First Niagara Financial Group (FNFG), whether it ends up being interim leader Gary Crosby or someone else, will have his or her hands full overseeing the Buffalo company's comeback.

FDIC Vice Chairman Thomas Hoenig reiterated his hope Wednesday for a big-bank breakup, and said ending the Transaction Account Guarantee program did not result in significant deposit transfers.

LANSING, Mich. – Lake Trust CU, the state’s fourth-largest credit union, announced plans today to move out of the downtown and build a 100,000-square-foot headquarters in the nearby suburb of Brighton.