Pulaski Bank has filed a lawsuit against three former employees over mortgage data that the Creve Couer, Mo., bank claims the employees took and are using to give their new employer a leg up.

A final rule places credit reporting agencies under the bureau's nonbank supervision program as part of its "larger participant" powers.

A trade group representing convenience stores rejected the proposed settlement of interchange lawsuits and hired law firm Constantine Cannon to hold out for better terms.

Visa, MasterCard and the largest banks have announced a proposed multi-billion dollar settlement with U.S. retailers in a longstanding lawsuit over swipe fees charged by the networks.

Regulators late Friday seized the $24.8 million-asset Glasgow Savings Bank in Glasgow, Mo.

Uncertainty about the global economy, health care and taxes threaten to take already anemic loan growth off of life support.

Now it's time for Wells Fargo to slash its Realtor joint ventures that engage in mortgage banking activities.

AB editors discuss everything from eminent domain mortgage seizures and the CFPB's first year to earnings and the risk that banks are stretching for earnings.

After Wells Fargo reported record second-quarter profit on Friday, CFO Timothy Sloan explained why the bank is optimistic about mortgages, M&A and expenses.

The San Francisco company has the cash and willingness to buy more assets from U.S. and European financial institutions, management said during a conference call Friday.

Merscorp Holdings will provide the state of Delaware's Department of Justice Consumer Protection Unit a semi-annual report detailing results of its internal audits.

Taylor Capital Group (TAYC) in Rosemont, Ill., said that its bank has hired a former team from LaSalle National Leasing to run a new equipment finance division.

The San Francisco bank's $175 million fair-lending settlement with the Department of Justice announced on Thursday amounts to a drop in the bucket relative to its strong second-quarter earnings, driven in large part by its mortgages unit.

Due to ever-increasing compliance requirements, consumers have already lost free checking. Now, the Bureau's sights are set on general purpose reloadable prepaid cards.

The bank's bottom line was strong and it has closed out the bulk of losing positions in its London investment office. But two months after disclosure of major risk management failures, analysts remained wary.

Earnings at Webster Financial (WBS) grew more than 21% in the second quarter from a year earlier, as the Waterbury, Conn., company managed to add loans and transaction deposits.

Former HSBC executive Nancy Pierce will lead Treasury product management for the bank.

Prevail CU and Harborstone CU of Tacoma announced plans to combine this afternoon to create another $1 billion credit union, the state's sixth.

Wells Fargo (WFC) reported a 17% rise in second-quarter profit on strength in mortgage banking and a drop in expenses.

The Federal Reserve Board has lifted a written agreement with Tower Financial that required the Fort Wayne, Ind., company to improve its lending and credit administration.