Webster Financial (WBS) in Waterbury, Conn., reported lower fourth-quarter profit after taking a big charge tied to the Volcker Rule.

Comerica (CMA) in Dallas posted higher fourth-quarter earnings because of fewer chargeoffs and a smaller loan-loss provision.

Capital One Financial (COF) keeps waiting for its U.S. credit-card holders to become comfortable with a bit more debt. It's been a long delay, and one that will likely continue well into 2014.

The two primary functions of banking should be to take deposits and to make loans; all other services should be supplementary to these two primary activities.

Morgan Stanley, owner of the world's largest brokerage, reported profit that beat analysts' estimates as equity-trading revenue increased and earnings from wealth management climbed to a record.

Bank of New York Mellon Corp (BK:US)., the world's largest custody bank, said fourth-quarter earnings fell 18 percent because of a loss related to an equity investment.

First Horizon National (FHN) in Memphis, Tenn., returned to profitability in the fourth quarter after recording a benefit for income taxes.

The $2 billion-asset company said late Thursday that it would sell branches in Anthony and Harper to BancCentral in Alva, Okla. A third branch, in Overland Park, is being sold to Fidelity Bank in Wichita, Kan.

With the digital currency Bitcoin making inroads with nationally known merchants like Zynga and Overstock.com, a professional sports enterprise has decided to take its best shot.

American Express has escaped serious harm from the recent and massive Target data breach, Chief Financial Officer Jeff Campbell told investors Thursday.

Associated Banc-Corp (ASBC) posted a fourth-quarter profit of $47.8 million, up 2.4% from a year earlier.

Susquehanna Bancshares (SUSQ) in Lititz, Pa., announced several executive changes.

People's United (PBCT) in Bridgeport, Conn., reported a dip in quarterly profits as income from sales of residential mortgage loans fell.

Reps. John Delaney, D-Md., John Carney, D-Del., and Jim Himes, D-Conn., unveiled the outlines of a new housing finance reform plan on Thursday that would provide an explicit government backstop for the market, while requiring increased private sector participation.

Capital One Financial (COF) reported its lowest quarterly net income in a year on Thursday as margins shrunk in the company's flagship credit card business.

American Express Co., the biggest credit-card issuer by purchases, said fourth-quarter profit matched analysts' estimates.

Citigroup's core banking business showed good signs, including loan growth, but they were overshadowed by the stronger quarterly results of its rivals and questions about expense control.

Regulators' attempt to carve out an exemption for small banks from a key part of the Volcker Rule satisfied most institutions that feared getting swallowed up in the Dodd-Frank Act provision, but left others still vulnerable to the regulation and facing significant losses.

The economy is showing signs of life. But executives at PNC, Huntington and BB&T remain cautious about investing in new businesses, products or markets that raise expenses or hurt efficiency ratios.

TeleCheck Services, Inc., one of the nation’s largest check authorization service companies, along with its associated debt collection firm, TRS Recovery Services Inc., have agreed to pay $3.5 million to settle Federal Trade Commission charges that they violated the Fair Credit Reporting Act.