The Latest

Toronto-Dominion Bank said fiscal fourth-quarter profit rose 5.3% as higher earnings from retail banking and gains in trading revenue helped counter C$243 million ($183 million) in restructuring costs tied to job cuts.

Sunshine Bancorp in Plant City, Fla., plans to raise about $12.2 million through a private placement.

Deutsche Bank AG, Europe's largest investment bank, agreed to sell its U.S. private-client services unit to Raymond James Financial as Co-Chief Executive Officer John Cryan seeks to shrink investment-bank operations and lower costs. Terms were not disclosed.

WashingtonFirst Bankshares in Reston, Va., plans to raise up to $31.1 million by selling common stock.

Umpqua Holdings in Portland, Ore., has created a unit dedicated to disrupting the banking industry.

A federal appeals court has ruled that Visa and MasterCard were coerced by law enforcement into cutting ties with a website that runs sex-related ads. The decision is a powerful statement in the debate over how far government officials can go in enlisting financial institutions as their deputies.

How you behave after customers turn you down establishes their impression of you going forward and could open the door to new sales opportunities.

ECB Cuts Deposit Rate; Yellen Hints of Hike

NCUA has released several new videos about the protection it provides to federally-insured credit unions.

Mobile wallet and commerce provider Mozido continues to spread its wings with the launch of contactless payment capabilities for TWallet users in Indonesia.