Citigroup Inc.'s fourth-quarter profit fell 11% from a year earlier as choppy capital markets overshadowed the bank's continued recovery from the financial crisis.

The World Economic Forum just released its yearly report. It's a run-up to the gathering of the economic tribe at Davos later this month and lists global concerns that should be placed high on one's "worry list." Last year it was natural disasters; this year, it's income inequality. Big surprise? No. Props to Occupy Wall Street for helping put this on the Davos radar screen.

Ingenico has begun integrating PayPal's payment system with its point of sale terminals.

Good customers are good customers right up until they’re not. This is the fundamental paradox of credit risk analysis. The most profitable customers are often the ones that are closest to being unprofitable.

Two more congressmen have been identified as receiving loans through a Countrywide Financial Corp. program that has prompted a House investigation into whether the fallen mortgage giant approved loans on favorable terms to win political favor.

Considering the variety of proposals floated recently to restrict money market mutual funds, it seems people at some government agencies really want to put MMFs out of business.

Wintrust Financial Corp. in Lake Forest, Ill., has agreed to buy the trust operations of Suburban Bank & Trust Co. in Elmhurst, Ill.

Despite questions over his legal authority, the new director of the consumer bureau holds crucial voting power on safety and soundness rules as a member of the FDIC board of directors.

The digital currency Bitcoin was conceived as a rebellion against the financial establishment. But it may also present business opportunities for banks that can get comfortable with the risks.

A nonbank lenders' group has declared it will not pose a legal challenge over contentious question of whether the Consumer Financial Protection Bureau has jurisdiction over its members. What's behind the decision?

Growth in commercial and industrial loans accelerated to a torrid 18% annual rate in the fourth quarter, Fed estimates indicate. Total loan growth fell to a 3.5% rate, however, as a slowdown at big banks was only partially offset by a pickup at small banks.

First Niagara Financial Group CEO John Koelmel discusses his deal to sell 37 branches in New York to KeyCorp, his plans to sell more branches and his argument that its bigger deal with HSBC will pay off.

Shares of the thinly traded First California Financial Group Inc. soared Friday after it was disclosed in a Securities and Exchange Commission filing that the wealthy owners of the Minnesota Twins baseball club have acquired a large stake in the banking company and are pushing for its sale.

New data show that banks that sold large sales to dispose of nonperforming assets have seen stock price gains that surpass other banking companies. The approach still has a fair share of opponents who prefer to work out the assets over time.

Bank of America is a huge and therefore convenient target for journalists to bash. Recently the Los Angeles Times assailed B of A for cutting "some" small business credit lines. (Maybe they cut "some" but increased more of them!)

MetLife Home Loans was profitable and gaining market share. But the risk of having to repurchase soured loans likely fazed prospective buyers.

Costly regulations associated with being a bank holding company appear to have forced another insurance company to give up its bank charter.

A Supreme Court ruling on Tuesday upheld the controversial practice of including mandatory arbitration clauses in credit card contracts.

Lost in the discussion of investment banking and mortgage woes and investor disappointment at JPMorgan Chase were strong lending and deposit numbers. These core results are signs of a strengthening recovery, Jamie Dimon says.

Personal-finance guru Suze Orman is usually the one dishing out the tough love. But the moment she put her name on a reloadable prepaid card, she was the one taking it.