Carpetbaggers they're not, but JPMorgan Chase and PNC are making their presence felt in Atlanta and throughout the Southeast, snapping up branches in states smacked by the financial crisis.

First Citizens BancShares Inc. in Raleigh, N.C., reported a decline in second-quarter earnings after its loan-loss provision jumped.

Capitol Bancorp Ltd. has agreed to sell its interest in Bank of Las Colinas for a second time.

A firm we know needed a $20,000 letter of credit to extend its lease. So, it went in turn to the banks it uses, at each of which it maintains cash deposits well north of an order of magnitude larger than the letter of credit requested. Also, the firm has no debt and has annual revenues in the high seven figures. So, could it get the letter of credit renewed?

In the wake of Standard & Poor's downgrade of U.S. government debt on Friday, fears about capital markets exposure are now taking precedence over mortgages and cancelling out the perceived safety that investors normally ascribe to the largest banks.

The yield on the benchmark 10-year Treasury fell to 2.35% Monday morning, nearing its all-time low as stocks sold off in the wake of S&P's historic debt downgrade on the U.S.

TransUnion Corp. on Monday reported revenue of $257.5 million for the second quarter ended June 30, an increase of 8.5% compared to the year-ago period.

NCO Group Inc. announced Monday that Steve Leckerman, executive vice president and chief operating officer, will be leaving the company to pursue other opportunities.

The founder and part owner of appraisal management vendor AppraiserLoft resigned as CEO last week, saying he wants to pursue new business ventures in mobile technology application development.

Banks are beginning to customize overdraft limits based on individual customer's ability to pay.

First BanCorp of Puerto Rico reported a smaller second-quarter loss than it did a year earlier, due in part to a smaller loan-loss provision and a pair of special gains.

PE firm Gores Group unveils its payments reader strategy for Hypercom's U.S. payments terminal business

TALLADEGA, Ala. – After 14 years, First Educators CU is moving its branch here out of the basement in the county’s education offices to a new home.

WASHINGTON - Two failures Friday evening cost the Federal Deposit Insurance Corp. an estimated $160 million.

Bank of America Corp., which announced a $3 billion settlement with Fannie Mae and Freddie Mac this year, told investors that elevated claims from Fannie and Freddie may cost more than previously forecast.

Thieves made off with personal information of 92,408 Citigroup Inc. credit card customers in Japan and sold the data to third parties, the bank said Friday.

A coalition of bipartisan lawmakers, aided by industry and housing groups, faces an uphill battle to extend the increase against unlikely allies: House Republican leadership and the White House.

Wells Fargo & Co. was accused in a group lawsuit of ignoring federal rules on reverse mortgages and forcing homes into foreclosure instead of giving heirs a chance to buy them.

The board at Cardinal Bankshares Corp. responded Thursday to a series of demands by Douglas Schaller, rejecting the activist shareholder's assertion that the company should sell itself.

With its coffers at capacity, the capital-flush Cincinnati company said recently it would raise its dividend to equal 100% of its quarterly earnings.