Wells Fargo & Co., the most valuable U.S. lender, may close or consolidate outlets as it examines ways to trim costs, according to its chief financial officer.

First Citizens BancShares Inc. in Raleigh, N.C., reported only modest earnings growth in 2011 as income gains from failed-bank acquisitions were largely offset by higher loss provisions related to loans it inherited in those deals.

The idea of banks peddling "exploding toasters" has taken root thanks to industry nemesis Elizabeth Warren.

Cadence Bancorp's offer of 2.4 times tangible book value for Houston's Encore Bancshares has revived hopes that the M&A is coming back.

Regulators have terminated a consent order with Magyar Bancorp Inc.'s banking unit after the New Brunswick, N.J., company reduced its nonperforming assets and increased its capital levels.

Wells Fargo & Co. has struck a deal to expand its remittance network with former Western Union Co. partner Banco Azteca, a Mexico City-based financial services company owned by Grupo Elektra.

The Federal Deposit Insurance Corp. has filed a lawsuit against former officers and directors of Broadway Bank in connection with the bank's collapse two years ago.

HOUSTON – FirstMark CU is partnering with North East Independent School District to open a credit union branch inside Ronald Reagan High School.

There are several factors that Bank of America's managers must have known when they recently started testing a new fee schedule for consumers.

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First Commonwealth Financial Corp. in Indiana, Pa., has named T. Michael Price as its president and chief executive.

First California Financial Group Inc. in Westlake Village, Calif., has partnered with another company to provide tax refunds on prepaid cards.

Sierra Vista Bank in Folsom, Calif., is looking to start its fifth year with $6.5 million of new capital.

First Niagara Financial Group Inc. of Buffalo, N.Y., has shifted its small-business banking focus away from individual branches to a newly created business unit that will be solely dedicated to attracting and retaining small-business customers.

Unused credit card lines fell another $21 billion in the fourth quarter as utilization rates, or loans as a percentage of available credit, continued to rebound.

Tom Brouster, hired last week as a consultant to Reliance Bancshares, has a track record of turning around struggling banks. Brouster, who declined to outline a specific strategy for the St. Louis-area company, said in an interview Tuesday that selling is always an option in banking.

Visa Europe plans to acquire a 15% minority stake in mobile retail payments provider Mobile Money Network Ltd., the European payment system provider announced March 7.

Judicial Watch has sued the Federal Housing Finance Agency, claiming that the agency wrongfully denied a request for documents related to a lawsuit over alleged misrepresentations of mortgage-backed securities.

Esther George, the new president of the Kansas City Fed, discusses her fears on overburdening small banks, whether too big to fail is over, and her approach to regulation.

Building on its landmark partnership with the Ohio State University, Huntington Bancshares Inc. is launching a new service on campus this week that will allow students to access their bank accounts with their school identification cards.