Peoples Bancorp of North Carolina Inc. in Newton said that Tony Wolfe, its longtime president and chief executive, will retire late next year.

Roundtable panelists discuss the potential for more lending in 2012 and what areas seem well suited for community banks.

The Attorneys General of California and Nevada are combining their investigative forces to combat misconduct and fraud within the mortgage industry against state homeowners.

As retail bankers struggle to mend their reputations and relationships with their increasingly disgruntled customers, some executives are confronting the problem more directly than others.

JPMorgan Chase & Co. said Thursday the bank has repurchased $8 billion of common stock and warrants as of Sept. 30.

LEBANON, Ore. – Linn-Co Federal Credit Union has undertaken a renovation of its three branches to reflect the local market’s relationship with the timber industry, local rivers and its status as the “grass-seed king of the world.”

American Express Co. has seen strong growth in Asia and is continuing to find partners for its global network services unit, which processes credit card transactions for banks, chairman and chief executive Ken Chenault said on Wednesday.

S&T Bancorp Inc. in Indiana, Pa., said Wednesday that it had redeemed its preferred stock that it sold to the Treasury Department as part of the Troubled Asset Relief Program.

WASHINGTON — Key congressional backers of a 2009 law that strengthened consumer protections for credit-card users are now concerned that the Federal Reserve Board has gone too far with regulations that could restrict credit to stay-at-home mothers.

Massachusetts Attorney General Martha Coakley, who last week filed a lawsuit against Ally Financial alleging that the firm pursued foreclosures illegally, is now asking Congress to investigate the firm's conduct.

First Niagara's plan to pay for nearly 200 HSBC branches has diminished the deal's promise, put new burdens on the bank and its investors and lowered CEO John Koelmel's profile on Wall Street.

The Treasury Department on Wednesday said it may permanently reduce incentive payments for JPMorgan Chase unless it makes much-needed improvements to its performance in the Home Affordable Modification Program.

Three state banking commissioners — Mark Kaufman of Maryland, James Cooper of Indiana and John Ducrest of Louisiana — said Wednesday that heightened regulatory, economic and policy concerns are deterring worthy state-chartered banks from winning big investors.

Despite Verizon Wireless' talk of security concerns with Google's mobile wallet, its decision to deny the payment app a place on the upcoming Samsung Galaxy Nexus smartphone may have more to do with money.

BofI Holding

Many merchant-funded rewards companies try to entice bank credit or debit card holders with offers in their online statements. Two vendors are teaming up to bring those offers to the broader Web.

On the eve of a key Senate vote on the nomination of Richard Cordray to head the Consumer Financial Protection Bureau, Democratic supporters sought to turn up the heat on their entrenched Republican colleagues.

Credit-card lenders are unlikely to achieve the profit and revenue levels reached before the recession despite industrywide improvements in loan delinquency and charge-off rates, Ken Chenault, American Express Co.'s top executive, said Wednesday.

Four reasons Verizon's smackdown of Google Wallet is bad for banks and consumers.