Commerce Bancshares — a Worcester, Mass., bank that specializes in classic car and small aircraft loans — would become a lender to buyers of Boston taxi medallions by acquiring Mercantile Capital, CEO Brian Thompson says.

Steve Bartlett, who has run the Financial Services Roundtable trade group for 13 years, will retire at the end of the year.

Discover Financial Services' Pulse debit network posted solid gains in the first quarter, but executives say a new rule banning network exclusivity could prove a hurdle going forward.

A handful of banks, including CertusHoldings and Hancock Holding, have dual CEOs, which they believe helps with internal management and growth initiatives such as acquisitions.

American Banker editors Neil Weinberg and Harry Terris discuss how Basel III capital adequacy requirements are causing major upheaval in the servicing market. Under U.S. regulators, even more changes are on the way.

Amex opened a new Manhattan office last year to nurture its digital wallet, Serve — and to remove the 200 employees devoted to that project from the culture and tradition of its main office.

The Treasury Department has hired Melissa Koide, vice president of policy for the non-profit Center for Financial Services Innovation, which focuses on providing expanding the availability of financial services.

The Senate by a clear margin passed legislation Thursday making it easier for small banks to attract investors without having to register with the Securities and Exchange Commission.

Don Gibson's $560 million-asset bank has been so profitable for years that he joins Jamie Dimon and John Stumpf on KBW's new honor roll for profitable banks.

The Consumer Financial Protection Bureau Thursday unveiled an interactive database with answers to consumers' frequently asked questions about financial products.

Beneficial Mutual Bancorp gained a 25% stake in Liberty Bell Bank after its former chairman Michael Kwasnik defaulted on a loan. Kwasnik had used the stake in recent years to stymie Liberty Bell while trying to take over the bank.

Unsuccessful in its bid to raise capital and recently ordered by regulators to bolster its loan-loss allowance, Fidelity Bank in Dearborn, Mich., is now critically undercapitalized and has told investors that is in danger of failing.

Over the last week Bank of America angered the groupies of Francesca Lia Block, a prolific young-adult author who wants to modify the loan on her L.A. home — and took more heat for the guy it killed (on paper).

The $25 billion mortgage settlement and other government aid programs for troubled homeowners, including Harp 2.0, are forcing cost-cutting banks into a tricky balancing act.

BankAtlantic Bancorp Inc. (BBX) of Fort Lauderdale, Fla., said Thursday that it has canceled plans for a potential capital raise after reaching a new deal to sell its thrift to BB&T Corp. (BBT)

BancTrust Financial Group Inc. (BTFG) in Mobile, Ala., has put itself up for sale after its bid to raise capital from two private-equity groups fell through.

FHFA's watchdog said during housing bubble Fannie Mae frequently made "variances" to its own lending standards, which hurt the quality of its portfolio.

Directors at HarborOne CU, New England's second largest credit union, voted unanimously last night to put the issue of whether to convert to a state chartered cooperative savings bank to the credit union giant's 180,000 members.

CFPB chief says while agency was charged with writing regulations for everyone, situations exist when an institution's size should be taken into account.

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