At its second hearing on the deal, Capital One said its merger with ING's online bank unit was the safest option for the system.

Bankers have reacted well to acting FDIC chief Gruenberg's first speech since taking helm of the agency, but say actions will speak louder than words.

Debt buyer Encore Capital Group Inc. based in San Diego, has promoted Gregory L. Call to Senior Vice President, General Counsel and Corporate Secretary.

Deals are a beacon for hackers, who can exploit deficiencies in the systems of merging banks, their vendors or their advisors during negotiations or the integration.

Striking its second deal in less than a week, BB&T Corp.'s insurance unit announced Tuesday that it is expanding into the Baltimore/Washington metropolitan market by acquiring Atlantic Risk Management Corp. of Columbia, Md.

UBS AG remains committed to its U.S. brokerage business, Chairman Kaspar Villiger and Acting Chief Executive Sergio Ermotti told staff, according to an internal memo seen by Dow Jones Newswires on Monday.

Ambitious Opus Bank announced Monday that it has signed lease agreements to open five new branches in California and Washington.

Two private-equity groups have agreed to invest a combined $100 million in a union-owned, New York bank that intends to use the proceeds to beef up its lending.

Amid criticism over its planned acquisition of the U.S. online banking unit of ING Group NV, Capital One Financial Corp. has agreed to add 500 jobs in Delaware by December 2013.

American Chartered Bancorp in Schaumburg, Ill., has raised $50 million from a group of private equity firms that includes Patriot Financial Partners, Endicott Management Co. and Siena Capital Partners.

Firms controlled by mortgage bond pioneer Lewis Ranieri and billionaire investor Wilbur Ross are partnering to buy Deutsche Bank Berkshire Mortgage, a major lender to investors in U.S. apartment buildings, the companies said Monday.

A top Canadian financial regulatory official Monday warned the country's banks and other financial institutions against lowering interest rates further to spur additional borrowing by consumers.

The Atlanta Development Authority is shuttering a new homebuyer assistance program because the program's servicer, Bank of America, has decided to exit the correspondent lending business.

Conditional pricing, debt-to-equity swaps help to push M&A.

State regulators closed a bank on each coast Friday, bringing the failure tally this year to 73.

Bank of America Corp. is negotiating to sell its correspondent mortgage business to a unit of the private-equity firm Fortress Investment Group LLC in New York, according to people familiar with the situation.

Bank of America Corp., the lender divesting assets to raise capital, is in exclusive talks to sell its stake in the biggest Pizza Hut franchisee for more than $800 million, said two people with knowledge of the discussions.

The acquisition of a small Dallas-area bank has been called off because the buyer was unable to raise enough capital to complete the deal.

From the Department of "Who Knew?" … Music publishers and even soap makers have a better chance at an M&A frenzy than bankers these days, according to a research firm.

The CEOs of Fundtech and BankServ, authors of a controversial deal, outline their plans to become a payments processor for businesses that operate around the world.