First Niagara (FNFG) in Buffalo, N.Y. is looking for a permanent chief executive following the abrupt departure of John Koelmel.

Edward DeMarco, acting director of the Federal Housing Finance Agency, all but begged lawmakers on Tuesday to begin the process of reforming the nation's housing finance system, saying Fannie Mae and Freddie Mac have been in conservatorship for far too long.

Instead of its just releasing out-of-court agreements on request, the Federal Deposit Insurance Corp. has devoted an area of its website for posting settlement documents that will be updated regularly.

Eagle Bancorp in Bethesda, Md., said Tuesday that it had opened a branch in Alexandria, Va., marking its sixth branch in the state.

The Federal Reserve Board has taken action against a Midwest banking company.

Huntington Bancshares announced Tuesday that it has exceeded its three-year pledge to lend $4 billion to small businesses across its six-state footprint.

First Financial Corp. (THFF) of Terre Haute, Ind., is buying seven branches and two drive-up locations in Illinois from Bank of America (BAC).

A unit of SVB Financial Group (SIVB) in Santa Clara, Calif., plans to raise $300 million for a venture capital fund.

BankUnited, the Florida bank led by John Kanas, has hired two of his former colleagues at Capital One — Joe Roberto and Kelly Sheehan — to run its nascent operation in the Big Apple.

Mary Jo White, Obama's nominee to head the SEC, received near-unanimous support from the Senate Banking Committee during a vote Tuesday morning, while backing for Richard Cordray, director of the CFPB, was split as expected along party lines.

HomeStreet (HMST) in Seattle may be nearing an exit from a cease-and-desist order after paying an important debt.

California Bank of Commerce in Lafayette, Calif., has hired a bank consultant as its president and chief executive.

The California business bank focuses on the technology sector, applying lessons learned from the dot-com bust of the 1990s.

Citigroup (NYSE:C) will pay $730 million to settle a lawsuit by investors who allege they were misled by the company's disclosures.

Columbia Banking System (COLB) in Tacoma, Wash., and West Coast Bancorp (WCBO) in Lake Oswego, Ore., announced late Monday that shareholders from both companies approved West Coast's planned sale to Columbia.

Community Financial Shares (CFIS) in Glen Ellyn, Ill., is extending its rights offering to boost shareholder participation.

A bill by Minnesota's Rep. Keith Ellison would cap the mortgage interest deduction at the first $500,000 of a home loan and use the anticipated savings to invest in low- and moderate-income housing.

WASHINGTON — The federal bank regulators on Monday proposed several revisions to their guidance for complying with Community Reinvestment Act regulations.

Rents for single-family homes are rising slower than property prices as firms such as Blackstone Group flood the market with homes for lease, posing risks to investors betting billions on the burgeoning market.

HarborOne Credit Union in Brockton, Mass., is on its way to becoming a mutual savings bank.