The percentage of delinquent mortgages has fallen to the lowest level in four years due primarily to the strengthening economy, officials with the Office of the Comptroller of the Currency said Wednesday.

Wells Fargo has begun rolling out mobile remote deposit in select markets and plans to offer the service nationwide by the end of this year, according to a news report.

HNW is launching a retail banking practice to help banks reach the mass affluent.

Citigroup Inc. (C) has appointed Hong Kong-based Jonathan Larsen to global head of retail banking as Chief Executive Officer Vikram Pandit pushes deeper into Asia for revenue growth.

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The biggest U.S. banks — Bank of America, Citigroup, JPMorgan Chase and Wells Fargo — are extending less credit amid a faltering economic recovery as regional lenders step in to fill the gap.

U.S. agents arrested two dozen people in 13 countries as part of a global undercover operation targeting credit-card hacking that may have affected hundreds of thousands of customers.

Carver Bancorp (CARV) reported a wider loss for the quarter that ended on March 31, compared to a year earlier, largely because of higher chargeoffs and reduced loan income.

Bank of America (BAC) has hired more than 30 bankers in Washington as part of a broader plan to target small-business customers.

USAA Bank has started offering a cobranded MasterCard with an organization that promotes the interests of enlisted personnel and their families.

R. Eugene Taylor's Capital Bank would have to pay nearly $4 million more for F. Scott Bauer's Southern Community in a new, all-cash deal thanks to market swings that complicated their earlier cash-and-stock agreement.

Banks and Farm Credit lenders are typically rivals, but Huntington Bank and GreenStone Farm Credit Services have set aside their differences to come to the aid of Michigan fruit growers and processors.

JPMorgan Chase will stop charging customers overdraft fees for transactions under $5, as part of its efforts to settle a class-action lawsuit about its overdraft practices.

The Treasury Department has sent letters to 200 remaining Tarp banks indicating that the agency may auction its stakes as parts of pools this fall. While the move removes the government from the banks, it presents new challenges, particularly for recapitalizations.

Saratoga National Bank and Trust in Saratoga Springs, N.Y., has announced its succession plan for when its current chief executive and president, Raymond F. O’Conor, steps down at the end of the year.

The company's fixed network fee penalizes merchants that route debit transactions to any competing network, and subverts the competition that the Durbin amendment was designed to foster.

PNC Financial Services Group (PNC) has agreed to pay $90 million to settle a class-action lawsuit relating to its overdraft protection practices.

The Federal Reserve Board has issued enforcement orders against two community bank holding companies requiring them to serve as sources of strength for their struggling bank subsidiaries.

John Allison's new book will examine the causes of the 2008 financial crisis and argue against excessive bank regulation. The announcement comes a day after Allison was tapped to lead the Cato Institute, a libertarian think tank.

A small Chicago bank that is largely owned by the members of an area church has warned that it could fail if it does not raise additional capital.