Sen. Sheldon Whitehouse has reintroduced legislation that would allow states to cap the interest rates on credit cards used by their residents.

CFG Community hires Daniel McKew as president two weeks after his resignation from the larger 1st Mariner.

Overdraft elephants are hiding in plain sight in bank and credit union boardrooms. No one admits seeing them. No one talks about them. The less said the better.

Sen. Richard Shelby on Wednesday called for the Senate to pass a bill that would exempt more small banks from securities registration requirements.

Ginnie Mae reported a $1.2 billion profit from its secondary market operations in fiscal year 2011 — up 84% from FY 2010 — due to lower loss provisioning.

Maybe James A. Bell can bring a few defense products to JPMorgan Chase & Co. board meetings to deflect some of the vitriol aimed at Wall Street.

Times are pretty good for ag lenders — that's why they are nervous.

CNB Financial Corp. in Clearfield, Pa., said Tuesday that Charles R. Guarino had resigned as the company's treasurer and principal financial officer.

Policymakers who stood by and watched the mortgage bubble inflate, and then explode, ought to pay attention to what's happening in the student loan market. The parallels may not be precise, but they are pretty darn scary.

CertusBank in Greenville, S.C. said Wednesday that it agreed to buy $96 million of performing loans and $211 million of deposits from First Guaranty Bank Corp.

It's a sign of the dismal state of the housing market that a combined $14 billion bailout in the third quarter for Fannie Mae and Freddie Mac no longer merits front-page headlines.

There's bad news for those who withdrew funds on Bank Transfer Day to punish the targets of their ire. Most banks don't really need their money — at least not right now.

Western Liberty Bancorp Inc. in Las Vegas reported a third-quarter loss of $6.9 million, u 50% from the second quarter, due largely to a noncash goodwill impairment charge.

BNP Paribas SA and Credit Agricole SA, France's largest banks by assets, are finding that their pursuit of growth in neighboring Italy in the past decade has a downside: political risk.

The U.S. unit of PricewaterhouseCoopers late Tuesday said it has hired Lisa Pavelka McAlister to manage the firm's services to private equity and alternative investment companies.

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The number of U.S. homeowners who owe more than their properties are worth climbed in the third quarter as lenders repossessed fewer houses, Zillow Inc. said.

American Banker editors discuss the White House's latest attempt to force the Senate to confirm Richard Cordray as CFPB director.

Fannie Mae's third-quarter loss widened to $5.09 billion as the mortgage company reported higher derivatives losses even though it set less money aside for bad loans.

Anchor BanCorp Wisconsin in Madison is once again hoping it can push back to the due date of its line of credit.