Barclays PLC, a global financial services provider, said Tuesday that it has sold Barclays Bank LLC to investors including Igor Kim, one of Russia's bankers, adding that Barclays Capital will continue to operate in Russia through its existing broker dealer subsidiary Barclays Capital LLC.

Regions Financial Corp. swung to a third-quarter profit, helped by sharply reduced credit costs for risky loans, though the lender's top line weakened from a year earlier.

For Matt Vernon, Bank of America Corp.'s top home loan sales executive, the impetus behind its latest management shake-up boils down to a single number — 86%.

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1st United of Boca Raton struck two deals in three days that would move it into central Florida and give it 26 branches in the state.

Morgan Stanley has agreed to sell Saxon Mortgage Services Inc. to Ocwen Financial Corp. in the latest example of Wall Street's retreat from the beleaguered mortgage servicing business.

Regions Financial Corp. is offering as much as $200 million to help finance the sale of its Morgan Keegan brokerage unit, said people with knowledge of the matter.

Fred Joseph, Colorado's banking commissioner, said Community Banks of Colorado should have been able to sell its branches in a bid for more time to resolve its problems. But the FDIC and the Fed overruled him — and then failed the bank.

Virgin Money is in pole position to buy Northern Rock ahead of the final bid deadline this week, people familiar with the situation said Monday.

TSYS announced Monday that it has purchased the merchant portfolio of Vanguard Payment Systems Inc.

The Federal Reserve usurps authority usually held by state regulators and fails a Colorado bank.

Capital One Financial Corp. is looking for another private-label credit card portfolio to buy, as it absorbs the U.S. card business of HSBC Bank USA and the Kohl's Corp. store card portfolio, CEO Richard Fairbank said on Thursday.

Two community banks in Georgia, and one in Florida, were closed late Friday at a cost of more than $130 million to the Federal Deposit Insurance Corp.

The Spanish bank will raise $1 billion and plow some of the money back into its fast-growing Santander Consumer arm.

Third-party processors like Total System Services Inc. and First Data Corp., who help run credit card systems for banks, are anticipating new business from the renewed activity in the credit card M&A market.

Jack Barnes, the president and chief executive at People's United Bank in Bridgeport, Conn., said Thursday that $28 billion-asset has submitted an application to the OCC to switch from a federally chartered thrift to a national bank as part of a broader plan to bulk up in commercial lending.

Royal Bank of Canada will continue to leverage its domestic retail franchise to build its global wealth-management presence, CEO Gordon Nixon said Friday.

Glacier Bancorp Inc. in Kalispell, Mont., said late Thursday that it intends to take a goodwill impairment charge of between $30 million and $35 million in the third quarter to reflect the recent decline in its market value.

Memphis bank's Jordan discusses how he will balance the two roles starting Jan. 1, distinguishes First Horizon's new debit fees from Bank of America's and sets sights on possible deals.

Capital One Financial reported a small increase in third-quarter profit Thursday as the bank's loan writeoffs and delinquencies continued to fall.