Banking

Banc of California in Irvine got a shot in the arm from its acquisition of 20 Popular Community Bank branches in the fourth quarter.

Recent studies show financial services companies increasingly use cloud services. But behind the numbers, there are a range of attitudes toward cloud computing, from warm embrace to full-on paranoia.

Bank of America has hired former Duke Energy executive Brett Carter as chief operating officer for its global technology and operations unit.

Two activist groups are urging the Fed and OCC to investigate whether OneWest used donations and other sweeteners to buy community support for its sale to CIT.

Some banks have begun to make changes in how they activate customers' credit-card accounts to use Apple Inc.'s new mobile-payment system after reports of fraudulent transactions, according to industry consultants.

PrivateBancorp, despite having one of banking's most rate-sensitive loan books, has grown earnings by relying on fee diversification and new specialty lines. CEO Larry Richman discusses the growth strategy and what he expects when rates do finally rise.

Observers fear state regulator Benjamin Lawsky's proposal to model anti-laundering reviews after Sarbanes-Oxley requirements could thin ranks of compliance specialists and slow monitoring.

The company began to seriously consider its options when Bank of America agreed to sell nearly two dozen Michigan branches in early 2013. Chemical Financial eventually agreed to buy Lake Michigan for $184 million.

ATMs in some key Las Vegas locations will allow consumers to obtain U.S. dollars with foreign payment cards through Monex Financial Services' dynamic currency conversion technology.

WASHINGTON — Loan demand continues to increase across the country, even though some economic sectors are still struggling, according to a report released Wednesday by the Federal Reserve Board.

A new service from Cardtronics asks consumers to pay up to $10 a month for unlimited access to 5,000 of the company's ATMs. That may not sound like a great deal — but it could have a lot of appeal among people who make use of alternative financial services.

There are three main areas that collections managers have to concern themselves with when receiving a new placement to work: compliance considerations, contact information and ability to pay.

Lloyds Banking Group Plc's Antonio Horta- Osorio supplanted HSBC Holdings Plc's Stuart Gulliver as the best-paid British bank boss in 2014.

Four years after agreeing to an initial settlement, Bank of America has won court approval for its $8.5 billion settlement with investors over Countrywide's mortgage practices. Here's an update on all the other big mortgage litigation outstanding.

Community and regional banks should be subjected to simpler rules than very large banks, the chairman and CEO of the Buffalo, N.Y., company said. In fact, size is the wrong determinant for risk-based regulation, he said.

Suggestions that Apple Pay is unusually vulnerable to fraud were quickly refuted this week. The fact remains, though, that extra care is needed when verifying cards for Apple's mobile wallet.

A stolen company laptop has left customers of Pioneer Savings Bank vulnerable, according to a consumer alert from the New York State Department of Financial Services.

Qapital, which launched its app in Sweden in 2013, is making its American entrance. It is the latest example of how firms are trying to inspire young consumers to save and mashes personal financial management with money movement.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and from our social media platforms.

EagleBank in Bethesda, Md., priced a secondary offering of close to 2.5 million shares of common stock at $35.50 per share on Thursday.