Capitol Bancorp's losses narrowed in 2011, but the Lansing, Mich., company remains deeply troubled as its equity deficit continues to widen.

The 2011 complaint data in the Consumer Financial Protection Bureau's (CFPB) recent report to Congress paints an inaccurate portrait of consumer complaints against the third-party debt collection industry, according to ACA International, the largest association for debt collection agencies.

The American Bankers Association is opposed to legislation that would expand a credit union's ability to make small business loans. Last week, ABA members went to Washington and gave lawmakers an earful.

Scores of banks remain in the Treasury Department's Troubled Asset Relief Program more than three years after its inception, and nine states account for more than half of all remaining Tarp participants. Here is a breakdown of those states, with numbers as of Feb. 29.

Toronto-Dominion Bank (TD) plans to open 50 new branches in New York City alone within four years, as the Canadian bank bets heavily on the U.S. to grow future earnings amid tight competition in its home market, its top executive said Thursday.

The former chairman and chief executive at Citizens Republic Bancorp in Flint, Mich., has been elected lead independent director at Royal Bancshares of Pennsylvania.

The Treasury Department on Thursday announced that it lost about $50 million in the public offering of its preferred stock in six smaller banks this week, though the department netted a modest profit when counting dividends and interest paid on the investments over the past three years.

Location-based offers, a major selling point of mobile wallets, may have staying power, but one prominent company recently told the feature to get lost.

Regions Financial has finished unveiling a suite of alternative financial services, including check-cashing, money transfer and expedited bill pay services, along with a prepaid card.

SAN ANTONIO – Generations FCU celebrated the grand opening of five new branches inside H-E-B Grocery Stores Tuesday.

Barclays PLC has climbed to the top of the asset-backed securities market, thanks to an aggressive rebuilding effort and a surge in investor interest in bonds secured by automobile loans and unusual assets such as revenue from pizza franchises.

FORT WAYNE, Ind. – 3Rivers FCU broke ground on its headquarters Wednesday, part of a $15-million project.

Gerard Cassidy, of RBC Capital Markets, on why PNC's acquisition of National City is hard to beat in the annals of bank M&A.

Sound Financial in Seattle turned a smaller profit in 2011 than it first reported after its auditors advised it to set aside additional funds for potential loan losses.

Participants in a recent American Banker roundtable say whether they would they pick a a community bank, a regional bank or a megabank if given a choice — and explain why.

Citigroup (C) has added to William Howle's responsibilities by naming him head of commercial banking for the U.S.

Community banks are slowly finding new ways to generate fee income after overdraft legislation put a big dent in their bottom lines.

Coming off two straight profitable quarters and flush with capital from its recent public stock offering, HomeStreet Bank (HMST) in Seattle is back in the good graces of its regulators.

The Birmingham, Ala., investment bank has hired John Hamel from Roth Capital Partners and two associates to its group that advises on bank deals. Hamel will report to Robert Hutchinson, head of investment banking for depository institutions.

WASHINGTON — Consumer Financial Protection Bureau Director Richard Cordray said Wednesday that a bill to clarify protections for privileged information provided to the bureau could become law by the end of May.