2011 Women in Banking: Young Women's Leadership Scholarship Winners

Losses on home equity and other second mortgages may cost the four biggest U.S. banks $22.6 billion more than budgeted, with Wells Fargo & Co. most at risk, according to Glenn Schorr, an analyst with Nomura Holdings Inc.

Attorneys for the Texas county that includes Houston will seek permission Oct. 11 to hire outside lawyers to sue Mortgage Electronic Registration Systems Inc. over $100 million or more in unpaid mortgage-filing fees.

Two failures late Friday - one in Minnesota and one in Missouri = cost the Deposit Insurance Fund nearly $190 million.

Chaotic stock markets are complicating bank deals like Brookline's planned purchase of Bancorp Rhode Island. Brookline extended for the second time the deadline for the seller's shareholders to decide how they will be paid.

MasterCard Inc. is equipping Subway restaurants with technology that will enable the sandwich chain to accept payments through smartphones.

Congress recently heard conflicting testimony from three professors and one think tank fellow on a simple, straightforward question: Should there be a guarantee for mortgage securities in the future?

HSBC has appointed Irene Dorner, American Banker magazine's fourth most-powerful woman in banking, president and chief executive of HSBC USA.

Former Bank of America Corp. executive Sallie Krawcheck will receive $6 million after leaving the bank following a management reshuffle last month.

I was at a summit with 300 other community bankers when we were startled by chants of "Make Banks Pay!" Occupy Wall Street and related groups see no solutions coming out of Washington they are attacking bankers as public enemy #1.

Women are still a minority in banking, but their ranks and clout are growing. Leading lights from banking and finance gathered at the Waldorf-Astoria Hotel on Thursday to celebrate the shattering of the glass ceiling.

Ambassador Financial Group Inc. of Allentown, Pa., has bought Danielson Associates LLC of Bethesda, Md.

Royal Bancshares of Pennsylvania Inc. in Narbeth said Friday that Wayne Huey Jr. was elected to its board.

HSBC Holdings PLC said Friday that Niall Booker is leaving his position as chief executive officer of the bank's North American operations, with two senior executives set to take overall responsibility for the U.S. and Canada.

Virgin Money, the banking division of Richard Branson's Virgin Group, Friday said it has appointed David Clementi as its new chairman to succeed the late Brian Pitman.

Barclays Capital will sell $1 billion in credit card asset-backed securities on Friday in the biggest such dollar-denominated deal from its Gracechurch bond issuing program since 2005, according to a person close the deal.

Reliant Bank in Brentwood, Tenn., is looking to raise up to $12 million to satisfy an agreement with regulators and to promote growth.

Cascade Bancorp in Bend, Ore., has hired former Fifth Third Bancorp executive Terry Zink to become its chief executive.

The mood among bankers gathered in New York on Thursday evening to honor American Banker's 25 Most Powerful Women in Banking was decidedly much more subdued, even humbler, than it has been in years past.

PORTSMOUTH, N.H. – Gov. John Lynch yesterday joined employees of Service CU to celebrate the laying of the final beam to complete the steel frame of the credit union’s new, 100,000-square-foot headquarters building.