WASHINGTON — The Federal Deposit Insurance Corp. on Tuesday will release results of the banking industry's performance for the third quarter.

First Bancshares in Hattiesburg, Miss., has agreed to buy Mortgage Connection in Jackson, Miss.

California regulators have approved a request from private-equity firm Carpenter & Co. to raise capital for a new state-chartered bank.

Avidbank Holdings in Palo Alto, Calif., has raised $12 million through a private placement of debt.

Overall U.S. auto debt surged to $1.05 trillion in the third quarter, and the rise in subprime auto loan originations has heightened the New York Fed's concerns about that market.

County Bancorp in Manitowoc, Wis., has selected former Kimberly-Clark executive Kathi Seifert to be a director.

The industry deserves credit for rebuilding the Deposit Insurance Fund after the crisis, but victory is far from achieved in preparing agency reserves for the next crisis.

More banks are looking to buy commercial loans for reasons ranging from a dearth of organic opportunities to a need to diversify their asset mix. That surge in demand is creating an imbalance that benefits banks that have been able to make more loans.

Prospect Mortgage, a Sherman Oaks, Calif., nonbank lender, has agreed to pay $10.1 million in borrower restitution and penalties for violating federal and state laws, California's Department of Business Oversight said Thursday.

Western Union will pay $8.5 million to settle allegations that it violated the Telephone Consumer Protection Act by sending unsolicited text messages asking consumers to opt in to receive regular updates from the company.

Forward-thinking companies could get a reputation lift from being first out of the gate with interesting apps. Banks could also be first to help protect customers from the inevitable privacy leaks that the IoT will make possible.

Did men get more than their fair share of the managing director promotions at Goldman Sachs, and what does Barbie have to do with a Fed trailblazer? Also, JPMorgan Chase's Mary Callahan Erdoes isn't getting on the robo-advisory bandwagon and women talk about "systematic sexism" in the journalism and entertainment fields.

A Federal Trade Commission leader opened the agency's third debt collection dialogue event in Atlanta on Wednesday by highlighting the agency’s aggressive approach to collection enforcement.

Stonegate Bank in Pompano Beach, Fla., has begun offering a MasterCard debit card for use by U.S. citizens while traveling in Cuba.

Presuming that medium-sized banks that offer hedging products face added interest-rate-risk fears misses the full story.

Experian released findings Thursday from its sixth annual State of Credit study, showing that the national credit score increased by three points over the last year and by five points since 2013.

TotalBank in Miami has terminated 58 employees in operating and commercial job functions, after it upgraded its technology.

Republican presidential contenders are off base when they claim the Dodd-Frank Act spurred the decline in community banks, which in fact predated the law.

The telemarketing industry will not be allowed to use remotely created checks and other forms of payments under rules adopted by the Federal Trade Commission. The measures, designed to reduce fraud against consumers, drew opposition from the Federal Reserve Bank of Atlanta and the banking industry.

Charles Cawley, who founded MBNA and built it into an affinity credit-card empire that was sold to Bank of America for $35 billion, has died. He was 75.