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The United Kingdom's vote last month to leave the European Union could pose a lasting threat to the global financial system that could spill over into the U.S. economy, according to the Office of Financial Research.

Despite charging off millions of dollars of energy loans, the parent company of San Francisco-based MUFG Union Bank rode higher affiliate fees, securities gains and expense cutbacks to quarterly profit growth.

Regulators are removing several items from call reports, including details on troubled-debt restructurings and loss-share portfolios. Bankers are pleased, but the absence of certain data could frustrate outsiders.

Federal regulators warned mortgage servicers Monday that they will still expect them to offer loan modifications to distressed homeowners even after the Home Affordable Modification Program expires at yearend.

Visa plans to open a facility in Palo Alto, Calif., the latest in a series of technology-focused facilities designed to cement the card brand's role in the world of payments innovation.

Vantiv had a specific vision in mind when acquiring Mercury Payment Systems two years ago to provide the ultimate playground for app developers to operate in a multi-channel world.

Waterstone Financial reported a 71% year-over-year jump in net income during the second quarter thanks to growth in its mortgage banking division.

Bank of Hawaii in Honolulu reported higher quarterly profit that reflected deposit growth.