Virginia National Bankshares (VABK) in Charlottesville, Va., is facing pressure from an activist investor to consider selling itself.

Executives and senior management officials at the nation's largest banks must be held accountable for Bank Secrecy Act violations, Comptroller of the Currency Thomas Curry said Monday.

JPMorgan Chase illegally won thousands of default judgments in credit card collection lawsuits by robosigning affidavits, according to a class action lawsuit filed in the U.S. District Court for the Southern District of Florida.

When the Target Corp. data breach was reported in December, soon followed by retailers Neiman Marcus and Michaels, public officials pounced and the financial industry took a hard look in the mirror. Federal and state officials immediately launched investigations and held hearings. Meanwhile, the industry questioned how well its electronic systems were protected, and banks and retailers squabbled. Here's a look at how government and business leaders responded to the latest scourge of computer data breaches.

Wayne Savings Bancshares (WAYN) in Wooster, Ohio, is looking for a new chief executive.

Huntington Bancshares (HBAN) in Columbus, Ohio, has poached as executive from U.S. Bancorp (USB) as its new chief financial officer.

Investors Bancorp (ISBC) in Short Hills, N.J., could raise more than $2.6 billion as part of a highly anticipated second-step conversion.

Piedmont Bancorp in Peachtree Corners, Ga., plans to raise $8 million through a private placement of subordinated debt and common stock.

Credit card debt declined in January but borrowing for student and auto loans increased, leading to an uptick in non-revolving credit, according to data from the Federal Reserve's G.19 report.

NewBridge Bancorp (NBBC) in Greensboro, N.C., has issued nearly $16 million in subordinated debt to redeem all the preferred stock it issued under the Troubled Asset Relief Program.

Aaron's Inc., a national rent-to-own retailer, settled Federal Trade Commission charges that it played a "direct and vital role" in its franchisees’ installation and use of software on rental computers that secretly monitored consumers, including taking webcam pictures of consumers in their homes.

Senate Banking Committee leaders released their highly anticipated legislation to overhaul the mortgage finance market Sunday afternoon, after announcing they had reached agreement on a plan last week.

Wells Fargo has come under a fresh wave of public scrutiny over allegations that the largest mortgage servicer developed an in-house, how-to manual for producing bogus documents to justify foreclosures.

The Federal Housing Administration is struggling with a high premium structure and competition from VA and GSEs.

American Banker on Friday received the 2014 Jesse Neal Award for Best Website from the Association of Business Information and Media Companies.

Citigroup, which has spent the past few years rethinking its undersized U.S. branch network, on Friday unveiled plans to reformat its physical locations, starting this year in Miami. Executive William Howle explained the changes in an interview.

A lawsuit alleges that Democratic Gov. Jerry Brown violated state law by diverting hundreds of millions of dollars from the national mortgage settlement into California's general fund.

As many young people flee Wall Street for Silicon Valley, senior bank executives are returning to old-school recruiting tactics. Catherine Bessant, who oversees global technology and operations for Bank of America, in an interview detailed the changes she has made to attract tech talent.

Banking activity slowed in January, particularly consumer lending, as cold weather and snowstorms stymied new construction and consumer transactions. Still, bankers maintained an optimistic view of overall business conditions.