U.S. Bancorp is pulling out of the private student loans market, as banking regulators step up their scrutiny of the products. JPMorgan Chase is also cutting back on student lending.

BancTrust Financial Group (BTFG), a troubled Mobile, Ala., company that is looking for a buyer, has bought itself time to find one after reaching a deal to delay interest payments on a $20 million loan outstanding to the Federal Deposit Insurance Corp.

Toronto-Dominion Bank (TD) may be based in Canada, but its U.S. operations have become increasingly important to the future of the company — and of its employees.

The Justice Department's latest fair lending report shows the agency has no signs of slowing its enforcement activity, which peaked in 2011 with the help of banking regulators.

A federal judge rejected an attempt by the Securities and Exchange Commission to compel Wells Fargo to comply with an administrative subpoena, ordering the agency and the bank to meet to resolve their dispute over documents related to an MBS probe.

NetSpend Holdings launched a prepaid MasterCard developed with entertainment conglomerate BET Network.

Big banks' sales of unreliable card records to collections agents raises questions about who's responsible for making sure payment demands are legitimate — and whether a legal or regulatory backlash is on the way.

Toronto-Dominion plans in the coming years to find Ed Clark's successor from within. Colleen Johnston, its chief financial officer, seems to have a strong shot but downplayed speculation in an interview.

New York Community Bancorp Inc. (NYB) has agreed to take on $2.3 billion of deposits from Aurora Bank FSB, a former mortgage arm of Lehman Brothers that has been winding down.

A data breach at a card processor may have affected more than 10 million Visa and MasterCard accounts, security expert Brian Krebs reported Friday on his blog.

From prepaid cards to checking to mortgages, simplified disclosures are on the way. For bankers, that means adopting new revenue models — fast.

Three weeks after completing an acquisition for one small Pennsylvania bank, S&T Bancorp in Indiana, Pa., has struck a deal for another.

The Treasury Department is looking to fully vacate its role as a common shareholder of Central Pacific Financial in Honolulu.

Accounts that B of A won't vouch for gain new life in the hands of collections firms.

A three-year legal odyssey raises questions about whether banks are pursuing meager revenues at the risk of serious errors, damage to reputations.

More than 20 banks in the state are still in the Treasury Department's program with limited options to get out. Selling could be the best solution, industry observers say.

Wilshire Bancorp in Los Angeles has exited the Troubled Asset Relief Program by repurchasing the bulk of its shares it issued to the Treasury Department at a slight discount.

A small Florida bank whose shares are so thinly traded that they are in danger of being delisted is suddenly one of the hottest stocks on the Nasdaq — and its president has no idea why.

New data shows that originations continue to grow in several categories — especially to subprime credit card customers.

Core Innovation Capital, an arm of a nonprofit aimed at helping the unbanked, will devote the $45 million it raised to investments in startup financial services companies. It already has put money into SavvyMoney and Plastyc.