Banks with at least $10 billion of assets saw their share of deposits increase to 74.4% at midyear from 72.4% a year earlier, the FDIC said Tuesday in its annual Summary of Deposits. Also, the number of U.S. branches and thrifts shrunk.

Matt Williams, incoming chairman of the American Bankers Association, says banks can rebound by drawing on lessons from past crises, updating business models and hiring a new generation of bankers.

Overall, 81% of U.S. investors say they have some form of savings they can draw from if they lose their jobs, according to a Wells Fargo-Gallup Investor and Retirement Optimism Index survey released Monday.

Housing and Urban Development Secretary Shaun Donovan defended efforts by the Obama administration to help the housing market recover, arguing it faced significant hurdles over the past four years.

BETHEL, Conn. -- Bank security provider BranchServ said this morning it has acquired CheckView Banking Security Solutions, a division of Checkpoint Systems that provides electronic security solutions for credit unions and banks.

David Zalman of Prosperity Bancshares has struck five deals in a little over a year. And he say he sees more opportunities than ever.

Park Sterling Corporation (PSTB) in Charlotte, N.C., said Monday it has completed its purchase of Citizens South Banking Corp. in Gastonia, N.C., for $83 million, the same day Capital Bank Financial of Coral Gables, Fla., announced the completion of its acquisition of Southern Community Financial in Winston-Salem, N.C., for $47 million.

Banks are upgrading their top executives' office space thanks to the record-low rate environment, the need for more room spurred by their rapid growth and the chance to grab the naming rights on high-profile buildings.Related Article: Suite Deals: Slow Economy Aids Banks' Office Space Projects

MetLife (MET) has another three months to tell regulators about its capital plans while it tries to sells its online bank to General Electric (GE).

The New York attorney general sued JPMorgan Chase (JPM) on Monday, charging that the Bear Stearns brokerage it bought committed fraud in the sale of hundreds of billions of dollars in mortgage-backed securities on the eve of the housing crisis.

Returns on equity. Loans. Deposits. Those are the things that make a seller attractive — not trading multiples and capital, says Prosperity Bancshares CEO David Zalman, who has struck five deals in Texas in slightly more than a year.

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Although American Express received lighter fines than the two previous credit card players targeted by the Consumer Financial Protection Bureau, many believe the CFPB's third enforcement action is its biggest statement yet.

Bank of America, as part of the national robo-signing settlement, is offering to wipe out 150,000 severely delinquent seconds liens for select customers.

Summit Bank & Trust in Broomfield, Colo., has hired R. John Rhoades as its president and chief executive.

The Securities and Exchange Commission agreed to accept the settlement and forego any appeals after a California judge effectively gutted the government's case.

Prosecutors charged three men with taking part in a $100 million fraud involving the former chief executive officer of Manhattan's Park Avenue Bank, who pleaded guilty in 2010 to lying to regulators and embezzling funds.

The battle over interchange fees moves to its next phase Tuesday when a federal judge hears complaints from merchants that the Federal Reserve's cap on the fees not go far enough.

Royal Bancshares of Pennsylvania (RBPAA) promoted three executives as the $831 million-asset company's management ranks continues to undergo changes.