Unregulated entities face a tough road ahead. More banks will align IT risk with enterprise risk management. Banks will place heightened emphasis on their overall risk management vision, and data architecture will emerge as critical competency.

MutualFirst Financial (MFSF) in Muncie, Ind., has exited the Treasury Department's Small Business Lending Fund.

First West Virginia Bancorp (FWV) in Wheeling has shifted some of its leaders following the death of its longtime chief executive.

Underperformance was a matter of perspective this year. A strong stock market provided a lift to all banks with more than $20 billion in assets, though these institutions underperformed relative to the 30% rise in the KBW Bank Stock Index.

MBT Financial (MBTF) in Monroe, Mich., is selling $14 million of common stock to two institutional investors and will sell another $6 million of stock through a rights offering.

Parke Bancorp (PKBK) in Sewell, N.J., has raised roughly $20 million in a private placement.

JPMorgan Chase & Co. (JPM), the biggest U.S. bank, increased spending and withdrawal limits it imposed on 2 million customers who used debit cards at Target Corp. (TGT) during the retailer's data breach.

WASHINGTON - PNC Financial has reached a $35 million settlement with the Consumer Financial Protection Bureau and Department of Justice over allegations that National City Bank - which PNC acquired in 2008 - made higher-priced mortgage loans to minorities.

When Tom Curry was first named as comptroller, there were some doubts about whether he was the right pick to address the industry's problems and the agency's battered reputation. Yet during the past year, Curry has reasserted the OCC's role in banking regulation and appears distinctly more comfortable in his role.

WASHINGTON — The American Bankers Association plans to challenge the Volcker Rule in court unless regulators immediately suspend portions of the controversial regulation that restrict certain collateralized debt obligations of trust-preferred securities.

Banks that want to expand via M&A will face a special challenge in 2014. The failed-bank market has quieted, but regulatory costs and other factors that are expected to drive open-bank M&A haven't coalesced quite yet, says bank M&A advisor Randy Dennis.

The number of homes in foreclosure fell sharply in the third quarter as fewer and fewer borrowers fell behind on their mortgages, according to a report released Monday by the Office of the Comptroller of the Currency.

Next year could be a make or break moment for John Taylor, who was hired as CEO of a Kentucky company with one of the largest remaining Tarp balances and massive credit issues.

The Volcker Rule may be finalized, but bankers still face many looming questions about the final shape of the Dodd-Frank financial reform law and other pending financial regulations. American Banker editors discuss what to expect in 2014 from regulators including the Federal Reserve, the Federal Housing Finance Agency and the Consumer Financial Protection Bureau.

A former president and chief executive of the Pennsylvania Bankers Association has joined the board of DNB Financial (DNBF) in Downingtown, Pa.

Before consigning millions of Americans to lives of perpetual tenancy, we need observers on all sides of the housing reform debate to put aside rhetoric and focus on market realities.

Valley National Bank (VLY) in Wayne, N.J., is joining the trend toward self-service banking with a plan to upgrade the technology at most of its 204 branches over the next five years.

CMS Bancorp (CMSB) in White Plains, N.Y., plans to terminate its sale to Customers Bancorp (CUBI) in Wyomissing, Pa.

The Armory Bitcoin Wallet, a security and payments application, has changed its technology to require less computer memory – but it's still a product for power users

The KBW Bank Index continued its upward trajectory in 2013, again outperforming the S&P 500 (all returns are through Dec. 12). This year, many of the top performing bank stocks among those with $20 billion or more in assets were large community banks rather than the biggest institutions.