Bank deal activity eventually has to increase, but predicting the exact timing of consolidation remains hard, says Thomas Michaud, the investment bank's chief.

Banks strategizing about the best ways to unload real-estate owned properties face tough choices on whether to pay for costly repairs, auction off homes or attempt to sell them to investors.

A California judge gave former IndyMac Bancorp. Chief Executive Michael Perry time to appeal a ruling that puts him in the crosshairs of a $600 million lawsuit accusing him of negligence for signing off on risky mortgages at the time of the housing collapse.

The agency's research on the sector includes some larger institutions that still fit the community bank mold, while discounting smaller banks with a narrow focus.

SmarterComics has teamed up with Karen Berman and Joe Knight to turn their financial guide for managers into a comic book.

Rockville Financial Inc. in Connecticut reported record fourth-quarter income of $4 million, up 48% from a year earlier, as net interest income and noninterest income rose.

Consumer advocates and others urge banks to improve overdraft disclosures, press CFPB's Cordray to regulate Wal-Mart.

Auto lending continued to expand in the fourth quarter as more loans were made to borrowers with shaky credit and payment rates improved, credit bureau Experian said Thursday.

The Federal Reserve Bank of New York is seeking bids for more of the mortgage bonds assumed in the government rescue of American International Group Inc. as prices on the debt rally, two people with knowledge of the plan said.

SUMTER, S.C. – SAFE FCU inaugurated a new student-run branch at Lee Central High School in Bishopville.

A federal judge has granted approval for a Florida force-placed insurance class action to proceed against Wells Fargo and QBE Insurance. Evidence already uncovered in the case poses added peril to the defendants and other banks.

Weak demand for advances among member banks suppressed profits at several of the nation's Federal Home Loan Banks during the fourth quarter.

It's awards season and consulting firm Corporate Insight recently rolled out the proverbial red carpet for its tenth annual Bank Monitor Awards, which honor banks with gold, silver or bronze medals for their online banking features. The banks are compared to a baseline developed by the firm, not with each other, so more than one bank can qualify for each medal in each category. Bank of America led the pack with four gold medals.

Industry members and consumer advocates gathered on Wednesday to hear officials from the Consumer Financial Protection Bureau outline their concerns about overdraft practices.

CEO Douglas Glenn has won the patient support of Carlyle Group and other private-equity investors in the Virginia bank, and cleared the path for an important stock offering.

Ames National Corp. in Iowa has agreed to acquire two branches in the north central region of the state from Liberty Bank.

The acting commissioner of the Federal Housing Administration on Wednesday blasted news reports that claim Bank of America Corp. was essentially bailing out the agency's mortgage insurance fund.

In a wide-ranging interview, Discover CEO David Nelms expressed reservations about the prepaid industry, vowed to defend Discover's cash-back rewards program at all costs, and said he doesn't plan to go recruiting in Silicon Valley anytime soon.

The parent company of United Legacy Bank in Winter Park, Fla., is buying a large stake in a rival bank in what appears to be the first step toward building a multi-bank holding company.

Like the mast of a sailing ship coming over the horizon, the first sign that Congress may restructure Fannie Mae and Freddie Mac has appeared.