Like roaches, op risks hide well, multiply quickly, and should be everyone’s problem to stomp out.

Bank of the West can outmaneuver larger competitors in serving more affluent clients, the bank's John Bahnken says.

Bank of Ireland, the nation's largest bank by assets, may sell Burdale Finance, a unit at that extends loans secured against assets, to Wells Fargo, according to two people with knowledge of the matter.

The PMI Group Inc., Walnut Creek, Calif., has filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Delaware.

Dearborn Bancorp Inc. in Michigan said Wednesday that the Nasdaq stock market had rejected its plan to cure a reporting deficiency and that its stock would be delisted on Tuesday.

Park National in Ohio, is selling its most of its Florida operations for a fraction of what it paid for the bank in 2007. Analysts say this closes a bad chapter for the company, which could re-emerge as a buyer in the next few years.

The Fed's approval marks the first time a prepaid card company has been allowed to buy a bank. Fed Gov. Duke objected, warning that the deal was too risky.

Imposing fees risks further alienation of consumers, raising the stakes on the “dare” to consumers to find other ways to meet their financial needs. And there are new and better ways for banks to make money.

Government officials are likely to release large banks from some liability for how they handled delinquent Federal Housing Administration-insured mortgages, as part of a settlement with the largest mortgage servicers, according to people briefed on the negotiations.

Bank of the Carolinas Corp. in Mocksville, N.C., said that its chief financial officer, Eric E. Rhodes, has resigned from the company.

Waccamaw Bankshares Inc.'s stock was delisted from the Nasdaq after the company said it could not complete its delinquent financial statements.

BNC Bancorp in Thomasville, N.C., announced Wednesday that it would close four of the 10 branches it inherited last month when it acquired the failed Blue Ridge Savings Bank of Asheville, N.C.

Mission Community Bank in San Luis Obispo, Calif., has named Tom L. Dobyns, a longtime California community banker, as its new chief executive.

In an unprecedented move, South Korea's telecommunication regulator is partnering with mobile-phone operators and card networks to test a near field communication-based mobile-payment system on the country's busiest shopping street.

Soon, even unbanked consumers can accept payment cards. Intuit plans to launch a prepaid card account that merchants may use to deposit sales made with its GoPayment device.

Fifth Third Bancorp accepted a cease-and-desist order from the Securities and Exchange Commission following an improper disclosure to investors, but was charged no penalty in the case because of its cooperation.

This month the Consumer Financial Protection Bureau held an invitation-only teleconference and issued a press release announcing its "Early Warning Notice," which would allow banks the opportunity to respond to findings by the CFPB before commencing enforcement actions.

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Federal Reserve Chairman Ben S. Bernanke and fellow U.S. policymakers may find themselves hampered in restoring financial stability should the European debt crisis spread to America.

Mary Lynn Lenz will lose her job as CEO of Professional Business Bank after it merges with another California bank. In the bank M&A world, that's a compliment. More opportunities await turnaround artists like her in deals-rich California.