The head of an operation that allowed telemarketers to make robocalls offering credit card services, hide Caller ID information and call numbers on the National Do Not Call Registry is banned under a settlement with the federal government.

Scammers in Maine are calling residents and telling them they owe money to the state's Bureau of Motor Vehicles.

Home BancShares in Conway, Ark., has agreed to buy Florida Traditions Bank in Dade City, Fla. The $6.8 billion-asset Home said it will pay $43 million stock for the $312 million-asset Florida Traditions.

RKJS Bank, an interim company formed by a group of local Baltimore investors, won First Mariner's bankruptcy auction Tuesday after National Penn Bancshares (NPBC) in Allentown, Pa., withdrew its offer.

In the old days the Fed's monetary policy and bank supervision were separate sides of the house. But its postcrisis capital rules for banks are blurring those boundaries.

The Federal Reserve prohibited a former Missouri bank chairman from involvement in any bank management after he admitted to using federal bailout money to buy a luxury condominium.

Investors Bancorp (ISBC) in Short Hills, N.J. reported a surge in quarterly profit because of a stronger balance sheet.

Associated Banc-Corp (ASBC) in Green Bay, Wisc., reported a profit of $44 million in the first quarter, down 4.6% from the same period last year, as fee income fell and credit costs increased.

Midsize banks remain concerned about their ability to meaningfully grow revenue at a time when yields on loans are narrowing and income from mortgage banking — a key revenue driver — continues to shrink.

Board members and prospects are nervous about personable liability, given a rise in government lawsuits against former directors of failed banks. While banks typically carry insurance for directors, it is unclear how much protection those policies provide.

Sandy Spring Bancorp in Olney, Md., said its first-quarter profit rose 3% from a year earlier, to $10.9 million. The improvement was largely because of loan growth, changes in funding costs and efforts to increase wealth management and insurance revenue, the company said.

Former Federal Deposit Insurance Corp. Chairman Sheila Bair took private investors to task this week, arguing that their failure to understand and manage mortgage-market risk helped bring about the financial crisis.

Fifth Third Bancorp (FITB) isn't giving up on the small-dollar loan market, Chief Executive Kevin Kabat said Thursday.

WASHINGTON — Two officials of the Consumer Financial Protection Bureau who played important roles in shaping the new mortgage rules have joined Wells Fargo (WFC).

First quarter earnings results were all over the map for the biggest banks, but for the next tier some distinct trends are emerging. Among them: pockets of strength and an emphasis on cost controls. American Banker editors discuss.

American Banker readers share their views on the most pressing banking topics of the week. As excerpted from the Comments sections of AmericanBanker.com articles.

National Penn Bancshares (NPBC) in Allentown, Pa., swung to a profit in the first quarter thanks to commercial loan growth and one-time factors that offset lower mortgage banking revenue.

Astoria Financial (AF) in Lake Success, N.Y., reported higher quarterly profit aided by state income tax breaks.

Consumers can now use Lending Club to pay for schooling or elective medical procedures.

People's United Financial (PBCT) in Bridgeport, Conn., reported late Wednesday steady first quarter results, characterized by loan growth and improved asset quality, the same day it disclosed a succession plan for its chief financial officer.