In a complex move, BNC Bancorp (BNCN) in High Point, N.C., is seeking to change its private equity partner's ownership position in order to boost its capital levels.

BNC Financial Group of New Canaan, Conn., has hired former NewAlliance Bancshares Chief Executive Peyton R. Patterson as its new CEO.

TD Bank became the second major bank to adopt the Pew Charitable Trusts' model disclosure form to simplify its checking account information for customers, the nonprofit organization said on Tuesday.

The Cincinnati company was barred from raising the payout today after the most-recent series of stress tests.

Pioneer Bank in Dripping Springs, Texas, has struck its first-ever acquisition, announcing Tuesday that it is buying the $28 million-asset Colorado Valley Bank in LaGrange.

The GSE could have approved a short sale that would have let Louise Davidson stay in her home as a renter and eventually have the opportunity to buy it back. True to form, Fannie evicted her instead.

Some analysts believe the time is ripe for second-step conversions by mutual holding companies. Still, some bankers believe the floodgates will remain closed until regulators decide to let MHCs pay a special dividend before converting.

In first speech as comptroller, Curry touts the benefits of the national charter for community banks and thrifts as more consider flipping to state charters.

Loans to a wide range of businesses contributed to a nearly 7% increase in lending, executives of the Dallas bank said.

Westamerica Bancorporation (WABC) in San Rafael, Calif., said Tuesday that its first-quarter earnings fell 6.2%, to $21.8 million, from the same period in 2011 as the company intentionally curtailed its lending in response to persistently low interest rates and fierce competition for quality loans.

Citigroup has ulterior financial motives in trying to oust Highland as portfolio manager of Liberty CLO, Highland says in a lawsuit against Citi and two other firms.

At an otherwise-placid annual shareholder meeting held outside of New York City for the first time, Citigroup (C) shareholders dealt a blow to management and the board of directors by rejecting ratification of the bank's executive-compensation proposal.

Big cost hits on debit and credit cards have already happened, and the Consumer Financial Protection Bureau has not made any overly threatening moves yet, Davis says.

The state of Hawaii has sued seven major credit card issuers over the marketing of credit card insurance-like products, known as payment protection plans.

The residential mortgage division of Ally Financial Inc. missed a scheduled payment on its debt Tuesday, laying the groundwork for an eventual default if the payment is not made up quickly.

United Community Banks (UCBI) in Blairsville, Ga., has registered the preferred shares it issued to the Treasury Department as part of the Troubled Asset Relief Program for potential resale, a key step for banks that want to be included in any upcoming auctions of Tarp shares.

As bank earnings come rolling in, signs of life are reemerging even as the pressure to cut costs remains intense.

DENVER – State regulators on Friday approved applications from $2 billion Bellco CU and $225 million Denver Community CU to serve almost 450,000 residents in Adams County, making at least five of the state's biggest credit unions authorized to serve the fast-growing county, which includes the Denver bedroom communities of Arvada and Aurora and part of the city of Denver.

Fueled by commercial real estate loan growth and stronger credit quality, Webster Financial (WBS) of Waterbury, Conn., reported first-quarter earnings of $38.3 million, up more than 13% from a year earlier.

According to American folklore, the famously long-legged Abraham Lincoln was once asked: "Abe, how long should a man's legs be?" Lincoln is reported to have answered: "Long enough to reach the ground."