PayPal, which has been testing a point of sale payment system with Home Depot, is reportedly testing the same system with Office Depot.

Virgin Money Holdings U.K. Ltd. is in the final stages of buying part of MBNA Europe Bank Ltd.'s 10 billion-pound ($15.5 billion) U.K. and Irish credit card portfolio, the Sunday Telegraph reported.

Tennessee Commerce Bancorp has missed a regulatory deadline for improving its capital ratios and is now warning investors that it is likely to fail if it is unable to raise fresh capital or find a buyer.

LONDON - Bridgepoint is in exclusive talks to buy Morgan Stanley's wealth management unit, Quilter, a person familiar with the situation told Dow Jones Newswires Monday.

Federal authorities are said to be investigating possible fraud at General Electric Co.'s former subprime mortgage arm more than four years after the sector began to collapse.

WASHINGTON — In the first three closures of the year, regulators shuttered institutions in Georgia, Florida and Pennsylvania.

Kelly King is bullish about BB&T's growth opportunity this year, and he believes the company has many options when it comes to M&A.

Bank of the West in El Paso, Texas, is changing its name to WestStar Bank to avoid confusion with a much larger San Francisco bank that shares its name.

WASHINGTON — The Consumer Financial Protection Bureau issued a final rule Friday that will impose new disclosure requirements for remittance transfers.

Bank of America mid-week told its retail loan officers nationwide that the lender will halt, for now, originations of cash-out refinancings, citing what it calls a "surge of refinancing activity" and capacity problems.

Provident Bank president and chief executive Jack Kopnisky wasted no time in making good on his promise to hire bankers away from his competitors.

The rebound of credit card lending is having nasty side effects for Capital One Financial Corp. and American Express Co., which are increasingly spending more to compete for the most credit-worthy customers.

The Florida bank found out this week that the golden rule of M&A that sellers are in the driver's seat may not be true in this market. It was a major miscalculation, experts say.

East West Bancorp Inc.'s shares surged early Friday following news that the Pasadena, Calif., company had a record-breaking 2011 and plans to double its dividend.

The Federal Housing Administration announced three steps Friday to protect its mortgage insurance fund from sustaining further losses.

The Stop Online Piracy Act and the Protect IP Act, two bills that would have relied on payment companies to block funding to websites accused of content theft, were put on hold Friday.

The FDIC and a Federal Home Loan bank are seeking information from the Memphis bank about 20 securitizations, executives said. First Horizon swung to a profit and reported lower revenue in the fourth quarter.

President Obama assured that 2012 would get off to a rousing start when he made a recess appointment of Richard Cordray as head of the Consumer Financial Protection Bureau. Predictably, the appointment generated both praise and outrage.

Serial acquirer Grandpoint Capital Inc. has announced its first acquisition of 2012 as it prepares for the closing of its last announced deal.

Four months after its planned sale to Texas investment group fell through, The Bank Arlington near Dallas has found another buyer.