Now that PayPal is rolling out its point of sale payment system to all Home Depot Inc. stores, the payments company must make sure its terms are good enough to keep its most prominent retail partner happy.

Pacific Mercantile Bancorp in Costa Mesa, Calif., has restructured its planned stock sale to an institutional investor in a move that will save it almost $1 million and increase a key capital ratio.

The housing market meltdown has foreign governments and banks shying away from bonds backed by American home loans. But individual foreign buyers are taking advantage of the crash to snap up U.S. bargains at a record clip.

Julian, a Wachovia alum, will succeed Kevin McCabe, who plans to retire at midyear.

Several days after regulators began publicly touting a $25 billion deal with mortgage servicers, details remain under wraps. Now big banks' securities filings are offering new clues.

BancVue of Austin, Texas is exiting the credit card business in order to devote more attention to its primary business of helping banks and credit unions attract more customers through high-yield checking and savings products.

Fannie Mae, in a new SEC filing, says that in late January it cut off Bank of America from selling most types of loans to the GSE because of "delays" by the lender in making good on outstanding buyback requests.

U.S. Bancorp in Minneapolis has tapped long-time Chicago banker Marsha Cruzan as the new president of its Chicago-area operations.

Fannie Mae will request another $4.6 billion in U.S. government aid after posting a $2.41 billion loss in the fourth quarter, the mortgage finance company said Wednesday.

Boston Private Financial Holdings Inc. has put some of its excess capital to work by repurchasing 5.4 million warrants in a move that would eliminate potential dilution.

First California Financial Group Inc. in Westlake Village, Calif., has agreed to buy a small California bank about a month after announcing that it had hired an investment bank to explore its options.

Barclays' U.S. unit became the latest credit card lender to benefit from Bank of America Corp.'s crash diet, as it bought a $1.3 billion Sallie Mae credit card portfolio.

A judge's ruling against the sale of BankAtlantic to BB&T could also empower holders of trust preferred securities to play a bigger role in M&A.

eBay Inc.'s online payments arm, PayPal Inc., announced Tuesday that it is expanding its partnership with Home Depot Inc. and increasing its acceptance at all of Home Depot's stores nationwide.

During a pair of appearances Tuesday on Capitol Hill, top housing officials from the Obama administration sought to reassure members of Congress about the financial condition of the Federal Housing Administration.

First Republic Bank in San Francisco said certain shareholders, including members of its management team, will sell up to 11.8 million shares of common stock in a secondary offering.

PrivateBancorp Inc. has named a president of personal client services to oversee a new line of business that combines some of the Chicago company's offerings.

North Carolina Gov. Bev Perdue said Tuesday that she has nominated Ray Grace to take over as the state's banking commissioner.

JPMorgan Chase plans to scale back its branch expansion, cut hundreds of investment banking technology jobs and sharpen its focus on affluent customers and international markets, Todd Maclin and other executives say.

Wells Fargo & Co. unveiled specific new terms in the national mortgage servicing settlement on Tuesday, providing the most detailed summary to date of what concessions banks did and did not win from federal and state officials.