The asset management unit for Fifth Third Bancorp has agreed to sell some assets to three of its executives.

Banco Santander SA's decision to abandon its 1.7 billion-pound ($2.7 billion) purchase of 316 Royal Bank of Scotland Group Plc branches may prompt the U.K. lender to keep them or seek more time to find a new buyer.

Times are tough for community banks. Net interest margins are getting squeezed and loans are hard to find. Bankers must be mindful that their margins of error are also thin as they face temptation to take more risks. Here are some mistakes to avoid.

Banks have a long history of hiring personalities to fill board seats. The practice fell out of favor during the financial crisis but is slowly experiencing a revival. Some appointees bring financial expertise to the table, while others deliver a certain cache to the bank.

A unit of EverBank Financial (EVER) has hired a former U.S. Bank sales manager as the Jacksonville, Fla., company continues to diversify its business.

The retail services business of Alliance Data Systems (ADS) has signed a long-term agreement to continue providing the private-label credit card program for home furnishings retailer Crate & Barrel.

Though nearly two-thirds of Americans say they hear a mix of good and bad economic news, 28% say they hear mostly bad news, down from 35% in September, according to a survey released Wednesday by the Pew Research Center for the People & the Press.

Bank of the Ozarks (OZRK) in Little Rock announced earnings of the $19.3 million for the third quarter, up 2% from a year earlier, as low expenses more than offset rising credit costs.

Clashes with regulators and prosecutors added to JPMorgan Chase's chargeoffs and legal costs, casting a shadow over its strong mortgage and investment banking results in the third quarter.

The decision not to sell the loans and purchase more mortgage-backed securities reduced revenue in the third quarter, but should provide better returns in the long run.

The Federal Reserve Board has terminated a prompt corrective action against Sunrise Bank in Cocoa Beach, Fla.

More than 700 community banks failed a stress test performed by the New York data company Trepp, based on the proposed Basel III guidelines. Even if they wanted to do something about this problem, many would have a hard time raising capital in the private markets now.

The mutual holding company for Northeast Community Bancorp (NECB) will ask its members to waive their right to receive dividends from the White Plains, N.Y., company.

No, it's not that ABA, but another one — the American Booksellers Association — has joined a growing list of retail groups seeking to derail the settlement with the card networks.

A surge in commercial and commercial real estate loans helped boost profits at Webster Financial (WBS) by 7% in third-quarter, to $44.4 million, from a year earlier.

Fed Gov. Daniel Tarullo calls for capping the size of banks, lawsuit proliferate, earnings roll in.

J. Pierpont Morgan Sr. would be rolling in his grave — or laughing in it — if he saw what's become of his eponymous edifice in Lower Manhattan this season.

Two East Coast banks have shed their mutual holding company ownership.

Liability insurance companies generally argue allowing banks to receive insurance coverage for overdraft litigation settlements violates public policy and rewards supposed wrongdoing, but there typically is no explicit exclusion in a policy that justifies this and other go-to positions.

Wells Fargo & Co. said third-quarter profit increased 22 percent, exceeding analysts' estimates, as the cheapest interest rates in history spurred refinancing.