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.

PayPal has delivered on its promise to activate contactless payments for its mobile wallet. The latest update to its app for Android handsets adds support for near-filed communication.

Two players for the Chicago Bears plan to work with Visa Inc. to help teach some Chicago-area students about managing finances.

Mortgage Guaranty Insurance Corp.'s delinquent loan inventory declined by more than 1,000 loans in October although new notices outpaced cures by 3,500 loans.

Backed by private equity money, ex-execs of megabanks are taking over banks like FNB United in North Carolina. Their plans are ambitious, but skeptics question whether they know how to run community institutions.

The bank technology vendor Online Resources Corp. reported a wider third-quarter loss to shareholders on Tuesday.

Chase Card Services said on Tuesday that it offers an online invoicing and cash management system for small-business customers using its Ink product.

Ally Financial is actively considering putting its ailing Residential Capital mortgage-lending unit into bankruptcy, said people familiar with the situation.