Banks have the wherewithal to weather a drop in earnings that a recession sparked by a plunge off the fiscal cliff could produce, Moody's wrote in an analysis published Monday.

Six months after settling a legal battle with Capital One, John Kanas is eager to start hiring employees and opening branches in the Big Apple.

Mortgage applications fell last week after interest rates edged up and consumers dialed back on refinancing.

American National Bankshares in Danville, Va., is getting a new chief executive. The $1.3 billion-asset company said Tuesday that Jeffrey Haley will succeed Charles Majors as CEO on Jan. 1.

Bankers are applauding the opening salvo of a Federal Deposit Insurance Corp. bid to address community bank troubles. But they're also already asking what comes next.

Wells Fargo will offer almost $60 million in cash rebates to more than 3,900 minority borrowers who were put into nonprime loans when they were eligible for prime ones.

U.S. Bank Wealth Management said Wednesday it has hired Terry Sandven as its chief equity strategist, a the newly created post.

The Treasury Department said that 218 banks remain in the Trouble Asset Relief Program's Capital Purchase Program, and that it expects to sell its stakes in roughly 144 banks in 2013.

2012 brought plenty of news that bankers -- and sometimes their regulators — would be happy to forget. Here's a rundown of a year in tarnished reputations and fines.

Massive regulation provides a deep moat protecting large financial institutions against competition from community banks and innovators.

UBS AG must pay about $1.5 billio) to U.S., U.K. and Swiss regulators for trying to rig global interest rates, triple the penalties levied against Barclays Plc.

A year ago we asked BankThink's regular contributors to make bold predictions about 2012. Here's a look back at their forecasts and the actual outcomes.

Royal Bancshares of Pennsylvania (RBPAA) in Narberth, Pa., has hired a former executive at PNC Financial Services Group (PNC) to run its bank.

Bankers are applauding the opening salvo of a Federal Deposit Insurance Corp. project to focus on community bank troubles, but are already looking ahead to the next phases.

The company landed $85 million to fuel organic growth at a time when most banks are attracting large investments for acquisitions.

Berkshire Hills Bancorp (BHLB) in Pittsfield, Mass., has given Michael Daly, its president and chief executive, the added title of chairman.

White House officials have approached American Express Co. (AXP) Chief Executive Officer Kenneth Chenault about joining President Barack Obama's second-term administration, possibly as Treasury secretary.

Until recently, the card resided in the wallet of Jerome Svigals, one of the engineers who invented it when he worked at IBM in the 1960s.

The economy may be improving, but banks appear unlikely to regain the creditworthiness they enjoyed before the financial crisis any time soon.

JPMorgan Chase (JPM) has named a new chief executive of mortgage banking as part of a broader plan to better align mortgage lending with its other consumer and retail initiatives.