Future compensation structures should not only reflect the higher costs of servicing troubled loans but also open the business to more nonbank competitors.

Visa Inc.'s board of directors named Robert W. Matschullat as independent, non-executive chairman of the world's largest payments network.

TCF Financial in Wayzata, Minn., posted higher quarterly results after reporting an uptick in lending for equipment purchases.

The Riverhead, N.Y., company is profitable again and playing offense after purging bad loans and raising capital in recent months

The Spokane, Wash., company has agreed to sell three branches to Pacific Financial (PFLC) in Aberdeen, Wash. The branches are in Astoria, Ore., Seaside, Ore., and Aberdeen.

FirstMerit (FMER) of Akron, Ohio, seeks to raise as much as $350 million in connection with its deal for Citizens Republic Bancorp (CRBC).

A legislator in San Francisco is seeking a review of possible losses to the city from banks' alleged manipulation of a benchmark that determines the price at which banks lend to one another.

First Niagara Financial Group (FNFG) in Buffalo, N.Y., has filled its openings for general counsel and human resources manager from within.

Aided by its first whole-bank acquisition in seven years, City Holding Company (CHCO) in Charleston, W.Va., reported a $10.9 million profit in the fourth quarter of 2012, up 13% from the same quarter a year earlier.

Delinquency rates on student loans made in the past two years stand at 15% in the U.S. as recent graduates struggle to find jobs, Fair Isaac said.

Charles R. Crowley and Michael C. Voinovich will open an investment banking office in Cleveland for Boenning & Scattergood.

Grandpoint Capital's plan to acquire its ninth bank in less than three years has been terminated, or possibly just iced for now.

Wells Fargo (WFC) may see an 18 percent drop in mortgage revenue this year as profit from selling loans shrinks, according to Richard Staite, an analyst at Atlantic Equities LLP.

WesBanco in Wheeling, W. Va., reported higher quarterly earnings because of a lower loan-loss provision and higher interest income.

Working with Accion, the companies plan to connect governments, NGOs, the private sector and others to expand access to credit, savings, payment tools and insurance for people across the globe.

Zions Bancorp., in Salt Lake City, took an $84 million charge related to trust-preferred collateralized debt obligations last quarter, but experts say it will pay off. Better loan totals help, too.

Card fraud is now harder to perpetrate in parts of the world that have adopted the new technology, so criminals appear to be focusing more on the United States.

A number of community banks are turning to alternative channels, including lending cooperatives, to address imbalanced loan-to-deposit ratios.

BankUnited (BKU) of Miami Lakes, Fla., reported better-than-expected earnings in the fourth quarter as a surge in interest income more than offset a dip in fee income and the impact of a penalty for pre-paying Federal Home Loan bank advances.

The New Jersey company is well capitalized but was challenged making bigger loans to its commercial clients, an issue that could lead other small banks to seek buyers.