B of A's annual meeting drew hundreds of protesters, and shareholders complained to CEO Brian Moynihan about the company’s foreclosure practices.

Freddie Mac has picked a former chief executive of an online securities brokerage firm to be its new CEO, according to published reports.

Fannie Mae posted $3 billion in total "comprehensive" income in the first quarter, and then turned around and paid the U.S. Treasury $2.8 billion in dividends, according to figures released Wednesday morning.

Hilltop Holdings announced Wednesday that it is buying PlainsCapital of Dallas for roughly $520 million in cash and stock.

PacWest Bancorp has been busy in the past week, usurping another bank's offer for American Perspective Bank and launching a hostile bid for First California. There have been a handful of similar bids in the past decade or so, though few have succeeded.

PacWest Bancorp (PACW) in Los Angeles is dead serious about expanding its California footprint through acquisitions.

The announcement by Bank of America (BAC) of their plan to offer up to 200,000 struggling homeowners a new lease on life for their underwater mortgage through principal reduction at first glance seems like a major step forward in addressing a nearly 5-year old problem.

A laid-off WaMu employee is the author of a Hobbit-like parody featuring dwarf bankers.

FITCHBURG, Mass. – Workers’ CU has applied to the Department of Banking to open an in-store branch, in Hannaford Brothers supermarket in Chelmsford.

The bank, led by ex-Sovereign chief Jay Sidhu, cited uncertain market conditions.

The more obscure a credit card issuer's pricing and the more aggressive its marketing, the more its losses jumped during the recession, according to a new study from the Center for Responsible Lending.

Cambridge Savings Bank has added mobile check deposit to its mobile banking app.

Louisiana has filed a RICO complaint against MERS and a host of megabanks, Bank of America included. Down the line, consumer advocates hope hard-nosed prosecutors can provide what Occupy may not be able to: justice for homeowners.

Webster Financial (WBS) in Waterbury, Conn., has established a new Treasury Services division and brought in former SunTrust Banks (STT) executive Philip C. Picillo to run it.

The renewed focus on fair lending and UDAP issues, especially with the advent of the Consumer Financial Protection Bureau, is becoming a bigger factor in CRA ratings.

The banking industry suffered credit crises in the 1970s, 1980s, 1990s, and 2000s. An unavoidable conclusion is that its loan loss reserves were in all cases too small.

Fifth Third Bancorp (FITB) is streamlining its number of checking and savings products in an effort to win a larger share of customers' wallets.

Bankers received an earful about pay from the public this year. But among the audience that matters most—their own shareholders—the feedback was overwhelmingly positive.

A coalition of activist groups is planning a massive demonstration of as many as 1,000 participants at Bank of America's annual meeting in Charlotte, N.C., on Wednesday.

At $4.95 a month, JPMorgan Chase's new prepaid card undercuts even its student checking account. But its fee can't be waived with direct deposit or a high minimum balance — to get the card for free, users must link it to a JPMorgan Chase checking account.