President Obama's renomination of Richard Cordray, who has been running the Consumer Financial Protection Bureau under a controversial recess appointment, is garnering the same GOP concerns expressed when his name was first floated.

Toronto-Dominion Bank, Canada's second-largest lender, is targeting wholesale banking in the U.S. after spending nine years building a network of retail branches from Maine to Florida.

First Horizon National (FHN) of Memphis, Tenn., is raising capital by issuing preferred stock. The parent of $25.5 billion-asset First Tennessee Bank announced Thursday an offering of depositary shares representing a fractional stake in its newly issued preferred stock.

U.S. banks may be putting the effects of the financial crisis behind them, but they remain vulnerable to an economic slowdown.

Greek mythology. Steve Martin movies. Clever use of the word "compost." CEO Ed Wehmer uses whatever he can to make his points to analysts.

San Bernardino County CEO Greg Devereaux said Thursday that the plan to use eminent domain to restructure the loans of underwater borrowers had not receive enough community support.

The credit card network is being targeted by liberal investors over its ties to a conservative group that lobbies at the state level.

Cost-cutting is ahead of schedule at KeyCorp, CEO Beth Mooney said. But analysts asked whether the Cleveland bank is doing enough.

Flagstar Bancorp (FBC) in Troy, Mich., reported its third straight quarter in the black.

BancorpSouth (BXS) in Tupelo, Miss., missed analysts' estimates after its net interest margin compressed.

TD Bank has turned a huge campus in Greenville, S.C., that it inherited from South Financial into a showpiece and home for several business units.

Philip Wenger believes Fulton Financial is well-positioned to court small businesses and consumers, though he is open to acquisitions to help the Pennsylvania company expand.

Pacific Valley Bank in Salinas, Calif., has chosen a Bay Area banker as its chief credit officer.

Following a positive industry reaction to the Consumer Financial Protection Bureau's Qualified Mortgage regulation, bankers are feeling good about the prospects that the related QRM rule will bring additional flexibility.

Royal Bank of Canada isn't giving up on U.S. consumer banking even after Canada's largest lender took a $1.57 billion writedown on the sale of its money-losing U.S. bank.

An increase in fee income fueled StellarOne (STEL) in Charlottesville, Va., in the fourth quarter.

Wells Fargo is expanding its staff in Georgia by about 3%.

Earnings at Wilshire Bancorp (WIBC) soared in the fourth quarter after the Los Angeles company opted not to set aside funds for problem loans.

Hanmi Financial in Los Angeles reported strong quarterly results Thursday as it continues to explore a possible sale or merger.

Revenue from mortgage banking boosted profits at Taylor Capital Group in the fourth quarter.