Retail & Commercial

The activist investor had vowed to wage a proxy battle next year against Malvern Bancorp unless it addressed concerns about shareholder value

Fee income and improvement in asset quality helped Comerica in Dallas increase third-quarter earnings.

Bank of America, JPMorgan Chase, Citigroup and Wells Fargo got credit for providing $15.4 billion relief to roughly 420,000 underwater borrowers last year, according to the settlement monitor.

KeyCorp (KEY) reported higher third-quarter profit after recording a gain from the sale of its investment management and broker-dealer units.

Confusion and panic. Those are the words most often used by lenders when faced with the onslaught of mortgage regulations and other rules going into effect in three months. Regulators have sought to defuse concerns partly by attending industry conferences, but they have also made it clear that several other big changes are on their way. Following is a guide to what's ahead.

Acquisitive banks have frequently used the "accretive to earnings" pabulum to sway shareholders and justify overpriced transactions. This has created an illusion of acquisition value that is detrimental to the market.

Municipal Employees Credit Union in Baltimore has received approval from the National Credit Union Administration to buy a bank.

Bank of America said third-quarter profit rebounded as the firm curbed legal expenses and more borrowers paid on time.

U.S. Bancorp said third-quarter profit was little changed as revenue fell and the bank set aside less money for bad loans.

PNC Financial Services posted a 9.7 percent profit increase as the lender cut expenses and set aside less money for bad loans.