NCO Group, a Horsham, Pa.-based accounts receivable management company, reported Monday a 4% revenue increase to $304 million for the third quarter ended Sept. 30.

VeriFone said Monday that it is buying the Northern European payment and gateway services provider Point to fuel its support of alternative payment forms.

Capitol Bancorp Ltd.'s credit costs are shrinking, but its capital hole is only getting deeper. The $2.5 billion-asset company, which has dual headquarters in Phoenix and Lansing, Mich., reported on Thursday a loss of $22.8 million for the third quarter, a 56% improvement from the loss it reported a year earlier.

First Niagara has to solve the riddle of how to pay for HSBC's branches in New York and Connecticut without hurting shareholders, selling off too many assets or mistiming the helter-skelter stock markets.

Hampton Roads Bankshares Inc. in Norfolk, Va., has completed the sale of a Gateway Bank branch to Blue Ridge Bankshares Inc. in Luray, Va.

Bank of America Corp.'s Mark Ellman is retiring next month after almost three decades advising insurers and other financial firms on capital-raising and mergers.

The protracted auction of EMI Group neared a conclusion Friday, with Citigroup Inc., owner of the storied British music company, selecting buyers for its publishing arm and recorded-music label - at a price that well exceeds many industry watchers' expectations.

Barclays Bank PLC has completed the spin out of its private equity arm. In a management buyout, Equistone Partners Europe, has acquired the management company of Barclays Private Equity from the U.K. bank's investment banking arm Barclays Capital.

The $593 million shortfall in client money at MF Global Holdings Ltd., the broker that filed for bankruptcy on Oct. 31, appears to result from a "massive hide-and-seek ploy," Bart Chilton, a commissioner at the U.S. Commodity Futures Trading Commission, said today.

State regulators closed the $62.4 million-asset Community Bank of Rockmart in Georgia on Thursday, the 88th failure this year.

Through fever waves of populist anger including the Occupy Wall Street protests, there has been no sign that disgusted customers are draining the giant banks of their deposits.

Two banking companies owned by North American Financial Holdings — TIB Financial and Capital Bank — posted turnarounds in quarterly earnings after their takeover and recapitalization.

Four community bankers on the hunt for acquisitions warned prospective sellers that they will have little say in how much they get paid.

The Justice Department on Thursday ordered First Niagara Financial Group to sell 26 of the branches it has agreed to buy from HSBC Holdings. The branches are in the Buffalo area and have $1.6 billion of deposits.

Consumer groups that have already raised questions about Capital One Financial Corp.'s purchase of Internet bank ING Direct USA have now turned their attention to the bank's purchase of the credit card portfolio of HSBC Holdings PLC.

Families that own capital-starved banks are facing the decision whether to raise capital from outside investors — saving the banks but diluting their own stakes — or to keep pumping money into them to keep them alive.

National Asset Recovery Services (NARS) Inc., H.I.G. Capital's portfolio firm, announced Wednesday that it has acquired Integrity Financial Partners, a third-party collection company.

Vantiv Inc., parent of Cincinnati-based payment processor Vantiv LLC, filed an initial public offering of $100 million of Class A common shares, saying it will use the proceeds to repay loans and redeem Class B units.

The nation's 10 largest retail banks are at risk of losing $185 billion of deposits over the next year as customers will look to move primary accounts to community and regional banks that they perceive as being more consumer friendly.

Delinquencies in the $30 billion portfolio rose in the third quarter, but its sale to Capital One is still on, HSBC executive says.