Signature Bank said it would offer at least 4.1 million shares of common stock, which would raise its number outstanding by 9.9%.

The Federal Reserve said Tuesday that it executed an enforcement action against Virginia Community Bankshares Inc.

The Federal Trade Commission will host a roundtable next month to gather information on consumers’ experiences in the sale and financing of motor vehicles at dealerships.

Signature Bank said it would offer at least 4.1 million shares of common stock, which would raise its number outstanding by 9.9%.

MEMPHIS, Tenn. – Southeast Financial CU has agreed to acquire a former branch of BancorpSouth in nearby Germantown for $1.75 million.

HUTCHINSON, Kan. – Dillon CU is moving its main branch and administrative offices into a new, 9,000-square-foot building.

BIRMINGHAM, Ala. – Alabama Telco CU said it bought the former Harbert Corp. building, where it plans to move its corporate headquarters.

Bank of America Corp. has named Mike Hall to replace Paul Szymanski as the head of its warehouse lending business.

TD Bank's charitable foundation plans to award $2.5 million in grants to nonprofits that support affordable housing initiatives.

The Department of Housing and Urban Development has issued new guidance on its policies for approving and recertifying condominium projects that are eligible for Federal Housing Administration financing.

American Express Co. has made sponsorship deals designating its brand as the official card of two major entertainment venues and three professional teams, the company announced June 30.

Most prepaid cardholders are content with their cards, with nine out of 10 customers "extremely" or "very" satisfied with their prepaid cards. However, issuers could do more to keep customers for the long haul, research suggests.

Visa Inc. is expanding efforts to promote its prepaid card products through sponsorship of the Essence Music Festival that took place in New Orleans over the July 4 weekend.

The "luxury" experience at a Four Seasons hotel stay was not produced by facilities. It was produced by human interaction.

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The Federal Housing Administration is considering tightening borrowers' debt-to-income ratios, a move that would prevent the most highly leveraged consumers from qualifying to buy a home.

Regulators are hitting banks with fewer enforcement actions, but don't assume that means the industry's getting healthier. The decline could merely reflect a shrinking pool of candidates for regulators to flag for errant behavior, some industry observers say.

Increases in initial public offerings would normally benefit banks, but a recent surge in IPO activity is instead threatening to further shrink lenders' balance sheets.