Bank of America and JPMorgan Chase are the latest servicers to say they have fulfilled their obligations related to the national mortgage settlement. The five servicers covered by the deal say they have provided more than $50 billion in consumer relief, double what was required.

Merger negotiations are starting to resemble job interviews as more bankers hope to retain some level of control after begrudgingly selling their institutions.

The Federal Reserve Board has released Fentura Financial in Fenton, Mich., from an enforcement action.

A California man is scheduled for sentencing today by a federal judge for several Los Angeles bank robberies, including at least one in which he used a gun-shaped cigarette lighter.

Market conditions settled down in July after a spike in long-term rates spooked borrowers and bank executives a month earlier.

Regions Financial is sponsoring the college football museum that opens next year in Atlanta, a priority market for Regions.

KeyWorth Bank in Johns Creek, Ga., has agreed to buy a branch from Signature Bank of Georgia in Sandy Springs.

A Greensboro, N.C. hospital has filed a lawsuit seeking more than $5 million from an Illinois company it hired to hand its collection efforts.

Pulaski Financial in St. Louis has repurchased $6 million worth of its Troubled Asset Relief Program shares following their auctioning last year by the Treasury Department.

Efforts to overhaul the mortgage finance system are gaining momentum, but key logistical hurdles remain as lawmakers prepare to return from the August recess.

Bitcoin Ventures Inc.'s new CoinTap allows consumers to obtain bitcoins by purchasing a stored-value card in retail stores.

Easier access to credit helped boost small businesses' optimism in the third quarter to its highest point since the recession began, according to a survey released Tuesday.

The chief operating officer of Northrim BanCorp (NRIM) in Anchorage, Alaska, has resigned because of health issues.

BankUnited in Miami Lakes, Fla., has joined with a factoring company to provide funding to small businesses.

The very customer banks should be looking to for future loan and deposit growth receives more solicitations from AT&T or Sprint than she receives from her own bank.

Government authorities say that 70 million Americans are either underbanked and unbanked. Yet many of these people are well served by the financial system. American Banker staffers discuss whether the issue of the financially underserved is overblown and if so what may be behind the trend.

American Express topped a new J.D. Power survey, and Capital One was No. 1 in a separate study, but there was a common theme in their rankings: clear disclosures and applications make customers happy.

Several money transmitters are offering their state licensing portfolio to emerging payments agents, allowing them to get to market quicker — but startups lose some autonomy if they go this route.

Fannie Mae used its authority over Bank of America's sales of mortgage-servicing rights to resolve a bitter dispute involving mortgage repurchases, the inspector general of the Federal Housing Finance Agency says.

WASHINGTON — Regulators have officially gone back to the drawing board in trying to implement Dodd-Frank Act restrictions on securitized mortgages.