Target Corp., which has tried for years to sell its credit card receivables, said Wednesday that it has temporarily "suspended" its efforts — and is spending more than $2.8 billion to divorce itself from JPMorgan Chase.

Cordia Bancorp Inc. has appointed David C. Bushnell as its chief risk officer, the company said Wednesday.

Cardinal Financial Corp.'s fourth-quarter earnings more than doubled from a year earlier, to $8.2 million, as its net interest income jumped 23%.

PayPal, which has been testing a point of sale payment system with Home Depot, plans this week to expand that trial and offer consumers a card linked to their PayPal accounts.

If you run a bank in New York City, be advised that Jack Kopnisky is aiming to steal away some of your best lending officers now that his bank has an agreement to buy one of your local rivals.

In contrast to its more ambitious plan to expand in Florida through acquisitions, BB&T Corp. is taking a measured approach to growth in Texas.

Former U.S. President Bill Clinton outlined his plan for lenders before a standing-room-only crowd at the NRF show this week in New York. Clinton asked banks to lower mortgage values and interest rates in exchange for a share of the money earned for selling the home in a recovered market.

A group of state associations, led by Utah, has developed an electronic, anonymous survey bankers complete after each exam. The survey is already helping the industry pinpoint points of agreement and discord between banks and their examiners.

PNC CEO James Rohr said more deals are possible after it completes the acquisition of RBC USA, but he vowed to be "very judicious" and said PNC could open new branches where needed.

The Monrovia, Calif., prepaid card company said Mark Troughton, who has been with Green Dot almost since its inception, will leave at the end of the month.

Regulatory hurdles and reduced earnings forecasts may sour PE's view of bank investment.

The nation's attorneys general, the Department of Justice, and HUD are "very close" to finalizing a legal settlement to settle 'robosigning' allegations levied against the nation's dozen or so top ranked servicers, HUD secretary Shaun Donovan said Wednesday morning.

PacWest Bancorp in Los Angeles reported higher quarterly earnings Wednesday after recouping more covered losses from its failed-bank acquisitions.

Malvern Federal Bancorp Inc.'s stock price soared to its highest level since mid-summer Wednesday after the Paoli, Pa., company announced that it is converting from a mutual holding company to a 100% stock-owned company.

Western Liberty Bancorp in Las Vegas has established a new nonbank subsidiary to house problem assets of its bank subsidiary in a move it says will help it more quickly dispose of the troubled loans and improve its overall efficiency.

Provident New York Bancorp in Montebello said Wednesday that it has agreed to acquire Gotham Bank of New York for roughly $40.5 million in cash.

Select Bank & Trust Co. in Greenville, N.C., said Tuesday that it has completed its acquisition of Gibsonville Community Bank from Bank of Atlanta.

Pulaski Financial Corp. in St. Louis said Tuesday that profits in its fiscal-year first quarter fell 3% from a year earlier, to $3 million, due to a slowdown in mortgage activity.

Landmark Bancorp Inc. in Manhattan, Kan., is buying Wellsville Bancshares Inc. in what would be its first bank acquisition in more than six years.

Weakened growth prospects and more regulatory hoops could prompt private equity firms to unload bank holdings.