International Bancshares Corp. in Laredo, Texas, reported that its fourth-quarter earnings fell less than 1% from a year earlier, to $27 million, as both income and expenses declined.

Warren Buffett, who controls the biggest shareholding of the No. 1 U.S. mortgage lender, said banks were victimized by some homeowners who refinanced their loans before getting evicted.

Fannie Mae is offering to sell nearly 2,500 foreclosed properties to investors as part of a new federal initiative to aid the housing market by selling off distressed properties in bulk, the Federal Housing Finance Agency said Monday.

An activist investor resigned from the board of First Financial Northwest after just five weeks when his demands for austerity measures were tabled. The investor, who is now planning a proxy fight, had asked that the company serve only hard candy at annual meetings, among other demands.

The Consumer Financial Protection Bureau has decided to shift course before finalizing changes to the good faith estimate form, a project the bureau has been working on diligently since last summer.

Regulators have bombarded mortgage servicers with a flurry of new regulations and government programs in the past year, heaping on tasks and costly reviews. Now they're asking to hear the mortgage companies' complaints.

For a digital wallet to work, the merchant’s point-of-sale system should have the same applications as the phone supporting the wallet. To ensure that consistency, VeriFone says its Paymedia universal acceptance platform will make that connection regardless of wallet provider or mobile network.

Flagstar Bancorp Inc. reported $29.1 million more in losses for the fourth quarter and full year after agreeing to pay up to $133 million to settle claims regarding loans insured by the Federal Housing Administration.

Extending the law that provides unlimited deposit insurance on non-interest bearing demand deposits would send a signal that just maybe the industry is not fully healthy and still needs support.

Billionaire Warren Buffett said Brian T. Moynihan's efforts to fix Bank of America Corp. will boost the value of Berkshire Hathaway Inc.'s $5 billion investment in the lender.

The Department of Housing and Urban Development said Monday that it has charged Bank of America Corp. with discriminating against disabled home buyers by asking them for medical information and proof of federal disability income.

JPMorgan Chase, Capital One and Barclays will enable their customers to use a mobile-payments service being developed by several wireless carriers starting this summer.

Prosperity Bancshares Inc. in Houston has struck another deal in Texas, announcing Monday that it would buy American State Financial Corp. in Lubbock for about $528 million in cash and stock.

The Dime Savings Bank of Williamsburgh announced that it intends to convert from a federally chartered thrift supervised by the OCC to a state-chartered thrift to be supervised by New York State Department of Financial Services.

LONDON - HSBC Holdings PLC Monday posted a 2011 net profit of $16.8 billion, boosted by a strong commercial banking performance and accounting gains on its own debt that helped offset weaker investment banking returns.

An edgy anti-bank message can work well in social media marketing, but only if it also conveys a better alternative from the company behind it.

Revenue at M&T's big acquisition remains steady but profits are not as strong as some expected nine months later.

Roughly half of the customers leaving a large bank in the past year ended up moving their money to another large bank, according to study released Monday by J.D. Power and Associates. That's despite Bank Transfer Day and other popular movements urging people to switch to smaller institutions.

Nearly two years after receiving a $200 million infusion from a group led by WL Ross & Co. to execute a roll-up strategy in the Midwest, Talmer Bancorp has received a second serving of capital to help it bankroll further deals.

WILKES-BARRE, Penn. – Cross Valley FCU is moving its Hazle Township branch to a new location in the Laurel Mall on March 19.