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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ESSEXVILLE, Mich. – FinancialEdge Community CU here will open the doors of a new location inside a Do-All resale store tomorrow on International Credit Union Day.

Strong net interest income helped Wintrust Financial (WTFC) overcome rising labor expenses and smaller gains on failed-bank acquisitions.

Park National (PRK) in Newark, Ohio, warned that a loan chargeoff may lower earnings per share for the third quarter by as much as 41%.

Fulton Financial (FULT) in Lancaster, Pa., said late Tuesday that its third-quarter profit climbed 5.7%, to $41.6 million, from the same period last year as improved asset quality and growth in fee income offset sluggish loan growth.

Although the consumer bureau is appearing closer to a final plan on defining 'qualified mortgages,' neither lenders nor consumer groups seem very satisfied.

A New York judge has dealt a setback to at least one insurer hoping to recover losses stemming from claims on policies that covered mortgage-backed securities.

BofI Holding (BOFI) in San Diego plans to raise $18.6 million through a private placement of preferred stock.