Retail & Commercial

Zions Bancorp. (ZION) in Salt Lake City reported a quarterly loss after recording charges tied to its portfolio of collateralized-debt obligations.

Community West Bank in Goleta, Calif., has been released from a written agreement with the Office of the Comptroller of the Currency.

Bankers and their representatives harshly criticized a call for the U.S. Postal Service to offer financial products like debit cards and remittances to underbanked consumers, saying it was a dangerous and foolhardy idea.

Many community bankers are said to have gained confidence from the fact that they have made it this far under adverse conditions.

The $300 million merger will create the state's biggest community bank -- and could convince other institutions to pursue similar deals.

Penalty fees collected from credit card users plunged by nearly 50% between 2009 and 2013, according to new research by an industry consultant.

Authorities arrested the former CEO of a defunct Bitcoin exchange company on charges of conspiring to launder more than $1 million for users of the online drug market Silk Road.

The government-sponsored enterprise is keeping a running list of appraisers that it views as shady and is warning banks and mortgage lenders to be careful about doing business with them.

CFBank in Fairlawn, Ohio, has been released from a cease-and-desist order issued by the Office of the Comptroller of the Currency.

Bank of Montreal is in talks to buy F&C Asset Management Plc, manager of the oldest U.K. investment fund, for about 697 million pounds ($1.2 billion) in what would be the second-largest takeover in its 196-year history.