Banking

Two online payday loan operations in the Kansas City area have been shut down after the CFPB and FTC charged them with bilking more than $36 million from consumers.

Two federal regulators announced lawsuits on Wednesday against two separate payday lending operations.

Eastern Bank in Boston is raising its profile by installing automated teller machines at travel plazas along some of Massachusetts' most heavily traveled highways.

Park Cities Financial Group announced Wednesday that it is buying CU Bancshares in Dallas and its subsidiary, the $593 million-asset Town North Bank.

The $5.2 billion-asset company intends to use the proceeds from its sale of subordinated notes for general purposes, it said in a press release Wednesday.

Sun Bancorp in Mt. Laurel, N.J., has expanded its senior management team, hiring Patricia Schaubeck as executive vice president and general counsel.

The mobile wallet finally has some real momentum. Will the biggest banks use the opportunity to take business from their smaller peers?

Several key statistics tracked carefully by collection agencies and creditors surprisingly dropped in August, including lawsuits and complaints filed with the Consumer Financial Protection Bureau.

The rise of microbreweries and farm-to-table restaurants is a sign that Americans are increasingly willing to sacrifice scale and endless options to support businesses that cater to local tastes and values.

Citigroup Inc. (C) is diving deeper into derivatives.

New York Attorney General Eric Schneiderman on Tuesday announced the arrest of five people, including three bank tellers, for taking part in an identity theft ring.

Tucker, Albin and Associates Inc. earned a spot on the latest Inc. 5000 list published by Inc. magazine. The list honors growing privately held U.S. companies.

Banks and mortgage lenders may have received too much relief from loan buybacks, putting taxpayers at greater risk for losses, according to a Federal Housing Finance Agency inspector general's report.

U.S. Bank in Minneapolis will pay nearly $11,500 to a Native American couple in North Dakota to settle a lending-discrimination complaint with the Department of Housing and Urban Development.

In his first major policy speech as the new housing secretary, Julian Castro voiced support for a Senate bill to reform housing finance and said policymakers should "remove the stigma associated with promoting homeownership."

First Financial Bancorp in Cincinnati has added two directors from recent acquisitions in Columbus, Ohio.

The Federal Housing Finance Agency's plan to restrict membership to the Federal Home Loan Bank System could cost lenders hundreds of billions in mortgage funding, according to the CEO of the Chicago FHLB.

The nation's youngest adults will spend more than $2 trillion in the next several years on rent and mortgage loans, according to a recent report by The Demand Institute.

From the moment Apple revealed its mobile wallet to the world, PayPal has wasted little opportunity to take its share of digs at the product.

The Consumer Financial Protection Bureau suit against Corinthian Colleges is the second time the agency has taken public action against a for-profit school rather than a student lender.