Regulators said Thursday that banks with more than $10 billion of assets as of June 30 will be subject to the supervision of the Consumer Financial Protection Bureau for at least a year.

Like a pop star who sells more records posthumously, the Google Checkout payment service may prove most beneficial to Google after it is phased out.

Some family owned banks have had difficulty transitioning from one generation to the next, and the current economic downturn has made it trickier than ever to transfer control.

Chase Card Services is dropping the Blink contactless-payment brand from new and renewed cards and instead is using the contactless brands supported by the major card networks — Visa's payWave and MasterCard's PayPass.

Stew Leonard shares his thoughts on customer service, motivating front-line employees, and why he'll never serve on a bank board again.

The study by a consumer advocacy group finds that 3.6 million households that received mortgages during the housing bubble remain at immediate risk of foreclosure.

Home BancShares Inc. in Conway, Ark., has agreed to buy 17 branches in a purchase-and-assumption agreement with Park National Corp. in Newark, Ohio.

No one would blame activist investor Richard Lashley if he's muttering, "I told you so." His firm, PL Capital, spent two years before the financial crisis fighting to get on the board at Bancorp Rhode Island and force a sale, to no avail. Now the company is working to complete its sale to Brookline Bancorp.

The U.K. government said it will sell Northern Rock to Virgin Money for £747 million ($1.2 billion) cash, marking a major loss on its investment in the mortgage lender that became a symbol of the financial crisis.

In the first criminal case involving robo-signing of mortgage documents, Nevada's attorney general filed charges Wednesday against two people accused of filing tens of thousands of false documents.

The Treasury and the banking industry would like nothing better than to see more credit unions convert to taxpaying banks. This is hardly going to happen if CUs perceive the OCC as an inhospitable regulator of their mutual form.

NBT Bancorp Inc. in Norwich, N.Y., said late Wednesday that it will acquire Hampshire First Bank in Manchester, N.H.

PerkStreet Financial said Wednesday that it had named PayPal Inc. president Scott Thompson to its board.

Regulators are writing massive, complex rules that will be impossible to enforce. Editor at Large Barbara A. Rehm offers an alternative.

U.S. banks may get to spend some excess cash on loans or lines of business that European banks will seek to dump. Still, a cloud hangs over the outlook for bank M&A next year.

American Banker's editors discuss Wal-Mart's latest attempt to eat bankers' lunch.

Target's U.S. credit card segment churned out a $143 million third-quarter profit, up 10% from a year earlier. But it could be the unit's last such impressive quarter for a while, an executive warned on Wednesday.

Bank of the West in San Francisco is entering the Chicago area by opening a commercial banking office.

The Atlanta bank will let First Marblehead market and process all new student loans by next fall.

Card data security risks for online merchants or those operating payment schemes via cloud computing will get much attention next year from the Payment Card Industry Security Standards Council.