With financial institutions worried the Consumer Financial Protection Bureau will hinder business innovation, the agency on Wednesday argued that one of its mandates is the exact opposite.

Fraudsters are increasingly preying on the default servicing end of the mortgage lifecycle, where traditional detection methods have not been deployed. Fortunately, there are new ways to spot red flags.

Republic Bancorp (RBCAA) of Louisville, Ky., and FedFirst Financial Corp. (FFCO) of Monessen, Pa., are planning to return more of their capital to shareholders as the fiscal cliff looms.

Taylor Capital Group is the third Chicago-area bank to announce a capital raise to fuel growth in the past two weeks.

Community bankers are fighting a battle along two fronts: working to get the Transaction Account Guarantee program extended, and looking for new sources of liquidity in case the program ends.

WASHINGTON — The Federal Deposit Insurance Corp. on Wednesday announced an April 2014 closing date for its Jacksonville, Fla., office established during the financial crisis to handle elevated failures.

PALO ALTO, Calif. – First Tech FCU said today it has completed the installation of 114 new ATMs that feature NCR’s SelfServ envelope-free deposit and Dip Card Reader technology.

Fulton Financial (FULT) has acquired a minority stake in Bryn Mawr Bank (BMTC), the result of Bryn Mawr's largest shareholder liquidating its holding.

Charles Scharf, the new chief executive at Visa (NYSE: V), will have to dip into his own pocket if he decides to use the company plane to get away on holiday.

Trillium Asset Management and AFSCME Employees Pension Plan complain that Citigroup's stock price is still too low and it needs to explore the sale of additional business units.

The Durbin Amendment has made debit card transactions more transparent, increased marketplace competitiveness and reduced prices. Now Congress needs to focus on credit cards.

With President Obama re-elected and Senate Democrats in the legislative driver's seat, the Dodd-Frank Act is here to stay.

Fewer loan losses and higher fee income helped Carver Bancorp (CARV) in New York narrow its loss in the company’s fiscal second quarter.

Commercial and multifamily mortgage originations fell in the third quarter from a year earlier because of less lending for retail and office properties.

U.S. Bancorp is beefing up its business that administers funds on behalf of investment managers with a deal to buy AIS Fund Administration, a provider of administration services for hedge funds.

Consumers who travel with debit or credit cards have no obligation to report their bank account balances or the size of their credit lines. Certainly those who rely on prepaid cards to access financial services should be entitled to the same rights.

Howard Bluver, the chief executive of Suffolk Bancorp (SUBK), wasted little time in delivering on his promise to diversify its balance sheet.

Centrue Financial narrowed its losses despite the deterioration of three problems loans in the third quarter.

SAN ANTONIO, Texas -- Air Force FCU has opened a new branch in Schertz, near the Joint Base San Antonio.

State and federal banking regulators encouraged the merger deal between Crescent State Bank and VantageSouth for safety and soundness and other reasons, a proxy filing says.