A New York judge dismissed a suit against Bank of America Corp. (BAC), demanding the bank to take back mortgages sold to investors and alleged to breach wraps and warranties.

Lawmakers grill CFPB chief on various aspects of bureau's work, but begin hearing with harsh review of how he was installed.

The Federal Reserve Board is preparing to release yet another important rule required by Dodd-Frank: how and why fraud occurs in debit card transactions and who should have to pay for it.

Cash is already at the margins of society. Doing away with it might make consumers demand stronger protection of personal data, argues David Wolman, author of "The End of Money."

Bankers should take these red flags into account when assessing corporate credit and vendor risk. No. 1 on the list: when a company's chairman and CEO are the same individual.

The Treasury Department this week appointed directors to join a pair of banking companies that have missed multiple dividend payments tied to the Troubled Asset Relief Program: Intervest Bancshares and First Security Group.

BancorpSouth (BXS) of Tupelo, Miss., has agreed to pay customers $1.75 million to settle a class-action lawsuit related to its overdraft fees.

StellarOne (STEL) in Charlottesville, Va., has started searching for a new president and chief executive after O.R. Barham Jr. notified its board that he would retire at the end of 2013.

Capitol Bancorp's losses narrowed in 2011, but the Lansing, Mich., company remains deeply troubled as its equity deficit continues to widen.

The 2011 complaint data in the Consumer Financial Protection Bureau's (CFPB) recent report to Congress paints an inaccurate portrait of consumer complaints against the third-party debt collection industry, according to ACA International, the largest association for debt collection agencies.

The American Bankers Association is opposed to legislation that would expand a credit union's ability to make small business loans. Last week, ABA members went to Washington and gave lawmakers an earful.

Scores of banks remain in the Treasury Department's Troubled Asset Relief Program more than three years after its inception, and nine states account for more than half of all remaining Tarp participants. Here is a breakdown of those states, with numbers as of Feb. 29.

Toronto-Dominion Bank (TD) plans to open 50 new branches in New York City alone within four years, as the Canadian bank bets heavily on the U.S. to grow future earnings amid tight competition in its home market, its top executive said Thursday.

The former chairman and chief executive at Citizens Republic Bancorp in Flint, Mich., has been elected lead independent director at Royal Bancshares of Pennsylvania.

The Treasury Department on Thursday announced that it lost about $50 million in the public offering of its preferred stock in six smaller banks this week, though the department netted a modest profit when counting dividends and interest paid on the investments over the past three years.

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.