First Republic Bank in San Francisco has agreed to buy Luminous Capital Holdings. Luminous, an independent wealth advisor based in Los Angeles, provides investment advice and asset allocation, including alternative investments, to high-net-worth individuals, family offices and foundations.

Fewer loan losses and added fees provided a spark to third-quarter results at Park Sterling (PSTB) in Charlotte, N.C.

After a customer held up Peoples Bank, the president followed the man to his car, drew his firearm and detained the robber until the police arrived. "I told him he wasn't going anywhere," says David Thompson, who has a concealed weapons permit.

The banking unit of 1st Colonial Bancorp (FCOB) in Collingswood, N.J., has converted to a state charter and changed its name.

Wells Fargo contends that a federal lawsuit over its lending practices before and after the housing crisis contravenes the terms of the multistate mortgage settlement.

SPRINGFIELD, Ore. – The Eugene City Council on Wednesday agreed to sell a 1.9-acre plot next to the U.S. Courthouse to Northwest Community CU, where the $720 million credit union plans to build a new headquarters.

Green Dot said its quarterly earnings fell 20% from a year ago as competition intensified in the prepaid card market. Meanwhile, NetSpend announced that its net earnings fell to $4.4 million.

A group of some of the nation’s largest merchants and retail trade groups asked a federal judge Thursday to reject the proposed settlement of a lawsuit over credit card swipe fees.

Ocwen Financial (OCN) in Atlanta reported record revenue in the third quarter as it continued to expand its mortgage-servicing portfolio.

Parkmobile USA, which had drawn fire for suggesting the debit interchange cap was behind its fee increase for D.C. customers, on Thursday issued an apology for the statement.

Independent foreclosure reviews at the major banks were meant to compensate wronged homeowners and restore some faith in the integrity of mortgage servicing. Instead, the process has become mired in questions of objectivity.

Despite slow adoption by consumers, more community banks are offering mobile banking, according to a new survey.

CertusBank in Greenville, S.C., plans acquire the small business lending operations of a struggling Georgia bank.

NewBridge Bancorp (NBBC) in Greensboro, N.C., is planning to raise $56 million after liquidating $45 million in bad loans and reporting a large quarterly loss.

The card network seems to have been successful in counteracting the effect of new rules on the routing of debit card transactions, though a Justice Department investigation still poses a threat.

BB&T's decision to open 30 branches makes sense as big banks battle for commercial customers, especially in an expensive market for acquisitions like Texas.

Oriental Financial Group in San Juan, Puerto Rico, has priced its public offering of preferred shares that will help fund its purchase of Banco Bilbao Vizcaya Argentaria's Puerto Rican operations.

The Consumer Financial Protection Bureau and Federal Housing Finance Agency said Thursday they are teaming up to create a first-of-its-kind mega-database of mortgages to track market trends and support policymaking research.

According to a survey on bank compensation released Thursday, commercial loan officers’ total annual pay is up 17.3% this year over last, while salaries of other bank employees have climbed just 2.5%.

Banks in areas hit hard by Hurricane Sandy have re-opened most of their branches. Now some of them are opening their checkbooks, too.