Location-based offers, a major selling point of mobile wallets, may have staying power, but one prominent company recently told the feature to get lost.

Regions Financial has finished unveiling a suite of alternative financial services, including check-cashing, money transfer and expedited bill pay services, along with a prepaid card.

SAN ANTONIO – Generations FCU celebrated the grand opening of five new branches inside H-E-B Grocery Stores Tuesday.

Barclays PLC has climbed to the top of the asset-backed securities market, thanks to an aggressive rebuilding effort and a surge in investor interest in bonds secured by automobile loans and unusual assets such as revenue from pizza franchises.

FORT WAYNE, Ind. – 3Rivers FCU broke ground on its headquarters Wednesday, part of a $15-million project.

Gerard Cassidy, of RBC Capital Markets, on why PNC's acquisition of National City is hard to beat in the annals of bank M&A.

Sound Financial in Seattle turned a smaller profit in 2011 than it first reported after its auditors advised it to set aside additional funds for potential loan losses.

Participants in a recent American Banker roundtable say whether they would they pick a a community bank, a regional bank or a megabank if given a choice — and explain why.

Citigroup (C) has added to William Howle's responsibilities by naming him head of commercial banking for the U.S.

Community banks are slowly finding new ways to generate fee income after overdraft legislation put a big dent in their bottom lines.

Coming off two straight profitable quarters and flush with capital from its recent public stock offering, HomeStreet Bank (HMST) in Seattle is back in the good graces of its regulators.

The Birmingham, Ala., investment bank has hired John Hamel from Roth Capital Partners and two associates to its group that advises on bank deals. Hamel will report to Robert Hutchinson, head of investment banking for depository institutions.

WASHINGTON — Consumer Financial Protection Bureau Director Richard Cordray said Wednesday that a bill to clarify protections for privileged information provided to the bureau could become law by the end of May.

The largest banks are charging relatively high interest rates to borrowers that qualify for a government refinance program, according to analysts, who say that the trend bodes well for mortgage profits in the second quarter.

MasterCard will offer a new tool to help merchants mitigate the risk of fraud in online transactions.

Bank of America Corp. (BAC), the best performer on the Dow Jones Industrial Average this year, is still not yet fairly valued, said Chief Executive Officer Brian T. Moynihan.

The New York banking giant has recently held its April annual meetings in Manhattan. But to celebrate its 200th anniversary this year, CEO Vikram Pandit is heading to Dallas to tell investors why he still can't raise their dividend.

Despite all of the new powers at their disposal, regulators continue to emphasize simplified and standardized disclosure as a critical tool to ensure consumers get a fair deal.

Mackinac Financial (MFNC) in Manistique, Mich., will raise up to $18 million through a common stock rights offering and a securities purchase agreement with an investor.

Green Bancorp in Houston is bulking up in the Dallas area with a deal to buy Opportunity Bancshares in Richardson, Texas.