MetLife is selling its mortgage servicing portfolio to JPMorgan Chase. The $70 billion portfolio would increase JPMorgan's servicing business by roughly 5%, the companies said Friday.

JPMorgan Chase (JPM) and Citigroup (C) are extending some of the fee waivers and other relief they are offering customers affected by last week's Hurricane Sandy.

Boutique investment banking firm Keefe, Bruyette & Woods had survived scandal and 9/11 but has agreed to sell itself to a rival due to some of the same shortcomings that afflict many banks.

Although bankers want full insurance for certain deposits to be extended, the Federal Deposit Insurance Corp. encouraged institutions Monday to tell customers in advance that that insurance may expire.

Umpqua Holdings (UMPQ) in Portland, Ore., is continuing to expand across California. The $11.5 billion-asset company said Monday that it plans to open a center in Templeton, Calif., in January to make loans to agricultural customers.

Bank of Hays has agreed to buy Farmers' State Bank of Jetmore, Kan.

A new survey of 310 banks finds that just over half of them have either begun offering or are in the process of evaluating prepaid cards.

Eagle Bancorp and Camco Financial both announced capital deals last week, but for entirely different reasons. Eagle is experiencing strong growth, while Camco is still recovering. Deal advisors say the companies represent the two types of capital raises taking place right now.

Yaron Samid, founder and CEO of BillGuard, explains his company's analytics technology and how it discovers unwanted billing charges for consumers, as well as its work with the CFPB and with banks.

Goldman Sachs (GS) is asking the U.S. Supreme Court to overturn a lower-court decision involving securities backed by residential mortgages the company says would cost financial firms tens of billions of dollars.

OpenWay, a payment processing company in Brussels, is offering a range of integrated online and mobile financial services and has its eyes on the North American market.

Bank of Virginia (BOVA) in Midlothian has extended its rights offering deadline because of the aftermath of Hurricane Sandy.

More than half of community bankers think they’ll be involved in a deal within the next two years, either as a buyer or a seller, according to a survey by KPMG.

The $1.3 billion-asset parent company of Orrstown Bank, which regulators ordered in March to strengthen its credit risk management practices, said Monday that Robert Coradi will oversee the company’s credit management functions.

Stifel Financial (SF) in St. Louis has agreed to buy KBW (KBW) for more than $575 million in cash and stock.

The storm left many without electricity, phones and use of the roads. But in many of the affected areas, consumers and merchants continued to conduct business and found a way to handle payments.

Investors are suing the former Tennessee Commerce Bank, which failed in January after becoming critically undercapitalized, for violating federal securities laws, a law firm that filed the lawsuit said Friday.

Only a strong QM rule can prevent a repeat of the past and protect consumers from the type of risky and irresponsible lending that preceded the foreclosure crisis.

The popular mobile-phone game Angry Birds is once again helping a new payments product take flight, with the introduction of a Visa prepaid card with designs based on the game's theme.

MANCHESTER, N.H. – St. Mary’s Bank won a contract to install two ATMs in Manchester-Boston Regional Airport, an hour north of Boston.