Visa is reportedly planning to name a new chief executive officer as early as this month.

The Merrill Lynch litigation is settled, but an ongoing tiff with Fannie Mae means elevated repurchase claims could continue for several more quarters.

U.S. Bancorp in Minneapolis lowered its loan-growth expectations for the fourth quarter to reflect borrower uncertainty about the election, the fiscal cliff and the overall economic environment, CEO Richard Davis says.

Relying solely on a fortress mentality that trusts in firewalls, antivirus and other countermeasure technologies has been shown, time and again, to be insufficient.

When it comes to borrower vetting, there's some information that only originators are checking.

Shares for M&T Bank Corp. (MTB) rose Wednesday after the Buffalo, N.Y., company reported that third-quarter income climbed 66%, to $273.9 million, from a year earlier.

Rising mortgage lending and a growing wealth management business is propelling profits at First Republic Bank (FRC) in San Francisco.

Nonbank competitors are forcing financial institutions to utilize new skills sets. Conservative thinkers must now be imaginative, followers must become visionaries and the risk adverse must embrace uncertainty. Here's how to develop a forward-looking strategy in the changing landscape.

Third-quarter earnings rose more than 19% at Comerica (CMA) in Dallas from a year ago but fell short of expectations.

Third-quarter earnings at Taylor Capital Group (TAYC) more than doubled to $15 million from last year as mortgage banking revenue continued to soar.

Comptroller Tom Curry remains committed to a push for higher capital levels, but he also suggested this week that agencies are considering other ways to reduce Basel III’s burden on community banks.

Shares of Cathay General Bancorp soared Wednesday after the Los Angeles company reported a nearly 20% increase in its third-quarter profit.

Bank of New York Mellon (BK), the world's largest custody bank, said third-quarter earnings climbed 11% as rising stock prices helped expand customer assets.

Bricks-and-mortar locations aren’t yet obsolete. Leading banks are responding to changing consumer demands by developing specialized branch formats, increasing their focus on advice and emphasizing proactive engagement with customers.

U.S. Bancorp, the nation's biggest regional lender, said third-quarter profit climbed 16 percent to a record, beating analysts' estimates as mortgage-banking revenue more than doubled.

Bank of America Corp., the second- largest U.S. lender, said third-quarter profit dropped 95 percent on litigation expenses and an accounting charge tied to the firm's debt.

Sterling Financial in Spokane, Wash., said that two lawsuits filed over its bank's overdraft fees have been dismissed.

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EAST LOS ANGELES – The $1.2-billion NuVision FCU said it will close a branch here at the end of October, further limiting the already limited number of financial outlets in this low-income side of town.

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