Tom Grady resigns after eight months on the job to temporarily lead Florida's biggest insurer.

MB Financial Inc. in Chicago has repurchased $196 million of preferred shares issued to the Treasury Department as part of the Troubled Asset Relief Program.

The Federal Reserve's stress tests and capital decisions this week help clarify which banks can afford to buy, how much they can pay and which might need to sell.

Explore the negative impact of the Durbin Amendment on small businesses, including increased fees and reduced banking services, contrary to claims of negligible effects.

The majority of U.S. Bancorp customers have found ways to avoid paying monthly fees, after the bank phased out its "free" checking accounts, an executive told American Banker.

Starved for growth, several community banks are putting aside distrust from the financial crisis to seek out partners for bigger commercial loans.

Companies like American Express, Capital One and USAA have substantially expanded the amount of credit they offer to consumers through cards over the last two years, in contrast to the retrenchment at the three largest three issuers.

A new product from vendor Norse is designed to choke off online card fraud before it becomes a transaction — and before competing services from the card networks can kick in.

LifeLock is betting that its acquisition of ID Analytics, which closed Wednesday, will help it better market its services to retail banks.

COLUMBUS, Ohio – Education First CU has introduced what it calls the smallest manned-branch in the industry, a 228 square-foot facility inside Clark Hall – a new state of the art multiple-classroom facility which is part of the Gahanna Jefferson School District..

Until the mid 1980s, most fraud went undiagnosed or misreported. The debate today seems to be whether the increasing digital landscape ends up increasing or decreasing fraud overall.

Discover Financial Services will have its credit cards issued outside of the United States for the first time, thanks to a new deal in Ecuador.

Two small Massachusetts mutual thrifts are planning to join forces in hopes of gaining the scale to better compete against larger banks.

Customers may only be able to pay and eat with plastic at the fast-food chain planned by Tony Zazula, a restaurateur famed for banning cash at his New York restaurant.

The Federal Deposit Insurance Corp. is expected Tuesday to propose targeted changes to how banks with more than $10 billion of assets pay deposit-insurance premiums.

Several regional banks that were also stress-tested by the Federal Reserve but whose results were not made public announced that they have passed their tests. Some, including Comerica, Huntington and Discover, plan to free up trapped capital.

For the second time in less than a year, Colony Financial Inc. in Los Angeles has raised fresh capital through a stock offering.

With the economy gaining momentum and bank balance sheets improving, bankers gathered in Florida this week for the annual Best Practices in Retail Financial Services Symposium showed a sharp top-line focus.

Speaking at the annual Best Practices in Retail Financial Services Symposium, U.S. Bank CEO Richard Davis and Citizens Republic CEO Cathleen Nash urged retail bankers to consider a proactive approach to new industry regulations.

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