Washington Federal Inc. in Seattle said Thursday that profits in its fiscal-year fourth quarter nearly doubled from a year earlier as its volume of problem loans continued to shrink.

The office of California's Attorney General on Tuesday subpoenaed Bank of America Corp., seeking to determine whether the bank sold and marketed mortgage-backed securities under false pretenses, the Los Angeles Times reported Thursday on its website, citing a person familiar with the investigation.

TCF Financial Corp. said Thursday that its third-quarter earnings declined 14% from the same period last year, to $31.7 million, due largely to a sharp drop in fees earned on deposit accounts.

Iberiabank Corp. has agreed to pay $2.5 million to settle claims the Lafayette, La., company illegally charged customers excessive overdraft fees.

Banks are ideally positioned to use their data on consumers' purchase histories and merchant relationships to send targeted daily-deal offers to customers. Groupon's random solicitations wouldn't stand a chance.

The Tampa Bay Buccaneers of the National Football League, known for its pewter-colored helmets and connection to privateers, has partnered with a local company that's been quickly growing through acquisitions.

FISHKILL, N.Y. – Bridgeway FCU on Wednesday said it will open a fourth branch in early November inside a Walmart store.

M&T and Comerica defended the deal-related charges that hurt their third-quarter earnings, saying future fees and new business will make the costs a distant memory. PNC says its deals will pay off quickly, too.

A federal judge has ruled the massive $8.5 billion settlement between Bank of America and several important investors who lost billions on mortgage-backed securities will be heard in federal court.

American Express Co. reported a 13% jump in third-quarter profit Wednesday, as the company's borrowers increased spending by 16% and losses from bad loans continued to decline.

Cardinal Financial Corp. in Tysons Corner, Va., on Wednesday said that third-quarter earnings rose 46% from a year earlier, to $8.6 million, due largely to improved credit trends and balance sheet growth.

Bank of America Corp., once the nation's largest residential mortgage lender, has dropped to third place, defeating the original purpose of its ill-fated takeover of Countrywide Financial Corp.

Washington Trust Bank will be one of the first banks to use FIS' new Business eBanking product.

Regulators are keeping a close eye on how smaller banks handle commercial lending and regulatory changes stemming from the Dodd-Frank Act, officials from various agencies told attendees at the Risk Management Association's annual conference.

New York Community Bancorp Inc. in Westbury, N.Y., on Wednesday reported that third-quarter earnings were virtually flat from a quarter earlier, at $119.8 million.

Stonegate Bank in Ft. Lauderdale, Fla., said Wednesday that third-quarter earnings rose 73% from a year earlier, to $1.6 million, due to increased lending.

To get its new payment system moving, Google Inc. is working with New Jersey Transit Agency to allow Google Wallet users to purchase tickets at some vending machines and ticket windows and to pay fares on seven bus routes.

FNB United Corp.'s private-equity led buyout of a rival bank cleared another key hurdle after FNB's shareholders approved the acquisition of Bank of Granite Corp.

WASHINGTON — Sen. Dick Durbin is calling on Wells Fargo to explain why it needs to impose new debit card fees when it posted a 21% increase in third quarter profits.

Citigroup Inc., the third-biggest U.S. lender, agreed to pay $285 million to settle U.S. regulatory claims it misled investors about a $1 billion financial product linked to risky mortgages that defaulted within months of its sale.