The biggest expansion of the banking rulebook is still on the horizon. The changes could lead to an overhaul of banking business models.

Yadkin Valley Financial in Elkin, N.C., sold a reinsurance business during the fourth quarter.

Dick Bove, the country's most quotable bank analyst, has a new firm, a 167-page "Banking Manifesto," and a lot of optimism about the industry's future.

The Federal Trade Commission determined that banks and other creditors bear responsibility for selling consumer debts to collectors that are backed by scant documentation.

Lakeland Bancorp (LBAI) in Oak Ridge, N.J., has tapped a new leader for its bank just two days after announcement plans to buy Somerset Hills Bancorp (SOMH).

Huntington Bancshares (HBAN) has promoted longtime executive John Irwin to president of its western Michigan region.

MasterCard Inc., the second-biggest U.S. payments network, posted fourth-quarter profit that beat analysts' estimates as customers made more purchases.

U.S. Bancorp will provide financing to a company that makes panels to convert the sun's energy into electricity.

The Harbaugh brothers have become a key theme for this year's Super Bowl. Banking has also had its share of sibling combinations over the years.

The Treasury Department has unloaded its latest round of bank stocks from the Troubled Asset Relief Program at a deep discount.

The long-delayed merger between First California Financial Group (FCAL) and Premier Service Bank (PSBK) has been called off.

BEAR, Del. – Community Powered FCU announced the opening of its new office and headquarters building here.

Porter Bancorp (PBIB) in Louisville, Ky., has turned to Sandler O'Neill to help it recapitalize after another quarterly loss.

One PacificCoast Bancorp (OPCB) in Oakland, Calif., has agreed to buy a controlling stake in Albina Community Bancorp (ACBC) in Portland, Ore.

Capital Bank Financial (CBF) of Coral Gables, Fla., marked its first full quarter as a public company with an increase in profits that fell short of expectations.

The Competitive Enterprise Institute and the 60 Plus Association are urging the Senate to delay confirmation of Richard Cordray, director of the Consumer Financial Protection Bureau, until the implications of a recent federal court case are better understood.

Tougher on banks than on debt buyers, the FTC found banks and other creditors bear responsibility for selling consumer debts with scant documentation. Possibly erroneous records are a "significant" concern.

Sales of loans lifted Third Federal Savings & Loan Association (TFSL) in the company's fiscal first quarter.

Many of the changes, which were outlined late last year in the FHA's annual report to Congress, will raise the cost of home loans for consumers.

The measure, backed by liberal investment groups, would have required the company to release more information about its lobbying efforts. It grew out of Visa's involvement with a conservative group that lobbies at the state level.