The Senate Banking Committee had tough questions for Shaun Donovan, on the heels of a disappointing report on the mortgage insurer's financial health last month.

The Senate is preparing to vote soon on a bill to keep TAG alive even as various interests, including large institutions and money-market mutual funds, fight to shut the program down.

Capitol Bancorp had to postpone a bankruptcy hearing because, it says, the Federal Deposit Insurance Corp. repeatedly blocked it from paying the due-diligence costs of its new investors.

Capital One has grown its commercial and industrial loans by double digits over the past year, but CEO Richard Fairbank is prepared to pull back if the battle for business clients becomes any more intense.

At the end of the third quarter, banks with less than $20 billion in assets had nearly $1 trillion in securities and cash on hand. The shift from loans to securities could pose problems if interest rates rise.

HSBC (HBC) may be about to pay $1.8 billion to settle charges the bank served as a gateway for money laundering.

Financial institutions should, among other things, implement an information governance program, perform periodic privacy audits and learn how data is managed in the cloud.

Two fans will be headed to the Super Bowl in New Orleans thanks to EverBank Financial, whose CEO, Robert Clements, is a Big Easy native who loves football.

SunTrust Banks in Atlanta is the latest bank to adopt a simplified disclosure notice on its retail checking accounts.

Sen. Jim DeMint, R-S.C., announced Thursday he would leave the Senate to head up The Heritage Foundation, a conservative think tank.

In an industry where everyone seems to have an opinion, these financial services veterans have learned to leverage Facebook, Twitter, LinkedIn and other social media to their advantage.

Chicago will become the first city in the nation to provide the Consumer Financial Protection Bureau with information about local lenders' activities, including potentially fraudulent ones. The CFPB's Richard Cordray hopes other municipalities will follow suit.

Wells Fargo, U.S. Bancorp, Bank of America, PNC, SunTrust and Citigroup all said this week they plan to halt until after New Year's evictions of borrowers whose homes have been foreclosed on for loans the banks' own.

First Business Financial Services in Madison, Wis., will raise up to $25.3 million through a common stock offering.

TD Bank Group has agreed to buy asset management firm Epoch Holding (EPHC) for $668 million in cash, giving the Canadian company the U.S. asset manager it had been looking for.

Toronto-Dominion Bank and Canadian Imperial Bank of Commerce posted profits that beat analysts' estimates, helped by gains from their investment-banking units.

Federal securities regulators have charged a Wells Fargo (WFC) investment banker with fostering an insider-trading scheme that netted at least $11 million.

Remain vocal in conveying your opposition to unwarranted regulatory proposals. Understand your true competition by studying peer data. Eat, breathe, preach and execute sales – but sell to profitable niches in a profitable manner.

Put aside the "doom and gloom" about the fiscal cliff and focus on the things banks having going for them in the long run, BB&T CEO Kelly King urges.

YUBA CITY, Calif. – The Yuba City Council this week approved a plan by Sierra Central CU for an eight-acre headquarters project that would develop three buildings totaling 132,600-square-feet over three phases.