Clemson football fans like to er, decorate, $2 bills with the logo of their beloved Tigers, but South Carolina bankers say the shift to electronic payments and other factors (don't mention this week's Orange Bowl score) could stamp out the show of loyalty.

Prepaid debit cards that come with celebrity endorsements over the years have showed little staying power while whipping up storm clouds of controversy.

Fifth Third Bancorp told investors Thursday that its fourth-quarter income would be roughly $68 million lower than anticipated, before taxes, due to costs related to its sale of Visa Inc. class B shares in 2009.

Richard Cordray, the bureau's first director, said Thursday that the CFPB will begin exercising its new authority to regulate nonbanks starting today, despite doubts from the industry about its authority.

An Atlanta area couple, after waiting weeks for their home loan to close, posted a humorous — and scathing — YouTube video that targeted the lender, Bank of America Corp. The video prompted a rapid response from B of A, including reimbursement of some seller fees.

Consumers are paying down their debts across an increasing number of loan categories, according to the American Bankers Association. That was a welcome reversal for the banking industry, which in the second quarter saw the ABA report an uptick in delinquencies.

WASHINGTON — While all eyes were on the recess appointment of its first director Wednesday, the Consumer Financial Protection Bureau quietly released guidance that directs supervised banks to turn over any and all information it requests.

When President Obama installed Richard Cordray as director of the CFPB through a recess appointment Wednesday, he set the stage for a legal showdown over the bureau's authority that could take years to resolve.

Presidential elections historically turn on the condition of the economy, and economic recovery has historically relied on a housing market recovery.

Commercial mortgages in the securitized secondary markets face some hurdles in 2012, but also some opportunities.

Customers might think banks are giving them great deals when they’re actually getting ripped off. Upfront charges, however annoying, are far preferable to hidden costs.

Although doing so carries legal risks for the Consumer Financial Protection Bureau, President Barack Obama's decision to recess appoint Richard Cordray to head the new agency was all about politics.

PHH Corp., the largest non-bank lender, abruptly replaced chief executive officer Jerome Selitto with chief operating officer Glen A. Messina on Wednesday, weeks after a failed bond offering and an S&P downgrade.

BankAtlantic Bancorp's hopes to move forward with its planned sale without the interference of its debt holders have been squashed by a Delaware judge.

Howard Bluver's prior stints at the SEC and the OTS should prove helpful to Suffolk Bancorp as it looks to exit a formal agreement with the OCC.

The Federal Deposit Insurance Corp. has ordered seven ailing community banks to raise fresh capital and directed three others with elevated loan losses to submit written plans for raising capital should credit quality weaken further.

Yahoo stands out as the only major Internet brand without a payments service. That may change now that the company has hired Scott Thompson from PayPal Inc. to be its new CEO.

There’s a difference between projecting confidence and ignoring risk. In their public handicapping of mortgage litigation, bank executives have done the latter.

President Obama's decision to call an end-around and avoid opposition to his consumer bureau director runs a serious risk of backfiring.

Wells Fargo & Co. has promoted John Epstein to executive vice president in its community lending and investment department.