Countries pledge coordination but then go their own ways when it comes to financial regulation. Could it spell the end of global finance?

Rockville Financial Inc. eked out just a small profit in the second quarter after it opted to use the proceeds from its recent second-step conversion to pay down debt and hire new talent.

The Federal Reserve on Tuesday disclosed written agreements with two banks.

The management at Anchor BanCorp Wisconsin Inc. is hoping that another quarter of shrinking losses will bolster its case for attracting fresh capital.

Bank of America Corp. is having preliminary conversations about a home-foreclosure settlement that would reduce the amounts owed by some of its troubled borrowers in exchange for a broad release from legal claims against the lender, said people familiar with the talks.

Higher spending on its credit and debit cards boosted MasterCard Inc.'s second-quarter net revenue by 22.1% from a year earlier.

Fulton Financial said the directors of its $2 billion-asset The Bank in Mt. Laurel and its $1.37 Skylands Community Bank in Chester have agreed to merge.

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HF Financial Corp. in Sioux Falls, S.D., said Tuesday that it expects to revise its results for its fiscal year that ended June 30 downward by $500,000 to $1 million to reflect downgrades in its agriculture portfolio.

Community banks in New York City are building loan books by snagging small to midsize companies overlooked by big retail-focused rivals.

At a Senate hearing, community bankers express concern that rules designed to address flaws in the securitization process will harm their more traditional mortgage operations.

The mortgage operations of Ally Financial Inc. had a second-quarter loss of $127 million because of its legacy portfolio, compared with profits of $34 million in the first quarter and $230 million a year earlier.

T-Mobile USA Inc. is the latest wireless carrier to allow its subscribers to charge purchases of online games, songs and videos to their phone bills.

In what it is calling a return to decades-old marketing tactics combined with new technology, credit-score giant FICO on Aug. 2 introduced a product designed to target credit card customer prospects more effectively in a sluggish market.

There are few topics as easy to get into a friendly, if a bit heated, debate these days as "the future of branches" in banking. Many folks quickly compare branches to buggy whip factories and traditional bankers to Luddites. Others jump in and cite research or survey results that say customers still prefer to open accounts in branches, and that, by the way, branches are still profitable.

Tapping the devices' potential means marrying banking with personal financial management.

Pacific Western Bank in Los Angeles has hired Linda Nahra, the former chief executive at Community West Bank in Goleta, Calif., as a regional president.

FNB United in Asheboro, N.C., has finished raising the $310 million of capital it needs to move forward with its plan to acquire another North Carolina bank.

Much has been made on Capitol Hill of the “unchecked” powers of the new Consumer Financial Protection Bureau and the lack of oversight of its work. Actually, the agency’s powers are quite circumscribed by the provisions of the Dodd-Frank Act that created it.

Hampton Roads Bankshares Inc. in Norfolk, Va., has sold its insurance business as part of its ongoing effort to reduce overhead and streamline operations.