The American Bankers Association announced Feb. 12 that Jason Kratovil has been hired as vice president and deputy executive director for the ABA's Card Policy Council. His first day is Feb. 19.

In a letter to the Consumer Financial Protection Bureau, the U.S. Chamber of Commerce said the agency needed to guard against unclear and inefficient supervision, recommending several changes.

President Obama's executive order on cybersecurity calls on intelligence agencies to share information about digital threats with the private sector, but the agencies may have trouble sharing information themselves.

Charter Financial in West Point, Ga., has begun the stock offering for its second-step conversion.

Boosting regulatory oversight of Wall Street firms will better allocate examiner resources to the riskiest financial firms and help reduce unnecessary burdens on community banks.

An investor with a history of forming and selling banks has bought a large stake in Liberty Bell, a Philadelphia-area bank.

The merger of the two airlines makes it likely that two rewards programs will become one, leaving the incumbent issuers no choice but to duke it out.

Just days after announcing that it is selling part of its mortgage-servicing business, Ocwen Financial (OCN) agreed to buy the mortgage-lending unit of New York investment bank Gleacher

First BanCorp in San Juan, P.R., is attempting to improve its capital position by converting preferred shares into common stock.

Severn Bancorp (SVBI) in Maryland will restate earnings for the past three years to reflect a change in how it accounts for premiums on deposit insurance.

Wells Fargo (WFC) is broadening U.K. commercial property lending as European banks are forced to retreat.

A Florida couple has filed a lawsuit against Fifth Third Bancorp (FITB) over its “Early Access” deposit-advance program.

PNC Financial Services Group will promote William Demchak to be its next chief executive, awarding him a long-expected inheritance from current CEO James Rohr.

Educational lenders, led by Sallie Mae, are feeling a bit of a tailwind from the economy. But the industry remains on fragile footing.

Ally Financial is the first company to fulfill its requirements under the $25 billion national mortgage settlement, its top monitor said Thursday.

Banks will finally start to sell more distressed loans this year, and buyers will have to be careful not to overbid, PennyMac CEO Stanford Kurland says.

The Federal Reserve Bank of Cleveland has terminated an enforcement action against Rurban Financial (RBNF) in Defiance, Ohio, tied to its information-technology unit.

Changes to product offerings and pricing give the impression that the new bank does not have the customers' best interests at heart. Feeling undervalued is a key emotional reason they defect.

First Keystone (FKYS) in Berwick, Pa., has amended its bylaws to allow its board to select a vice chairman.

As part of a report on "high risk" areas in government, the Government Accountability Office expanded the scope of its review of regulatory issues to include the Federal Housing Administration.