A top Canadian financial regulatory official Monday warned the country's banks and other financial institutions against lowering interest rates further to spur additional borrowing by consumers.

The prepaid card marketer Green Dot said Monday that it had joined the Payment Card Industry Security Standards Council to participate in the standards-setting process.

The Atlanta Development Authority is shuttering a new homebuyer assistance program because the program's servicer, Bank of America, has decided to exit the correspondent lending business.

McGraw-Hill disclosed Monday the SEC is weighing action against its Standard & Poor's Ratings Services unit tied to its ratings for a collateralized debt obligation dating back to the financial crisis.

Conditional pricing, debt-to-equity swaps help to push M&A.

These women — some newcomers, and some familiar faces in new roles — are on the rise and well positioned to shape the industry for years to come.

Whether they work in insurance, on Wall Street, or at credit card companies, these women are all making a mark on the industry.

State regulators closed a bank on each coast Friday, bringing the failure tally this year to 73.

Bank of America Corp. is negotiating to sell its correspondent mortgage business to a unit of the private-equity firm Fortress Investment Group LLC in New York, according to people familiar with the situation.

In a move that could discourage some merchants from accepting debit cards for small transactions, Visa Inc. and MasterCard Inc. are raising the fees merchants pay for small-ticket debit purchases, according to an analyst.

Vikram Pandit, Citi's CEO, pushed for greater consumer regulation, including better disclosure by credit card companies and a significant shift in consumer lending.

The acquisition of a small Dallas-area bank has been called off because the buyer was unable to raise enough capital to complete the deal.

From the Department of "Who Knew?" … Music publishers and even soap makers have a better chance at an M&A frenzy than bankers these days, according to a research firm.

Bill Beckmann took on a job that has become among the most daunting among executive jobs in the mortgage industry: President and chief executive of Merscorp Inc.

New regulations reducing debit card interchange fees are causing some banks to charge customers more for using debit cards, which could drive consumers to increase their use of credit cards, according to the Federal Reserve Bank of Boston.

SunTrust Banks Inc. in Atlanta said Friday that it has repurchased more than 4 million warrants it issued to the Treasury Department three years ago as part of its participation in the Troubled Asset Relief Program.

Alternative capital instruments would allow mutually held banks to become more vital providers of financial services.

Contrary to many community banks, Eagle Bancorp of Bethesda, Md., has strong loan demand and lacks sufficient deposits to cover the loans. Eagle CEO Ron Paul and analysts cite the relative economic health of the Washington area for Eagle's growth, leading to a need for creative solutions.

The Office of the Comptroller of the Currency has issued cease-and-desist orders against Intercredit Bank in Miami and Border Capital Bank in McAllen, Texas, citing credit and capital concerns.