Banking

College students risk paying hundreds of dollars in fees each year if they overuse campus banking products, according to Consumer Reports.

Unity Bancorp in Clinton, N.J., raised $6.3 million from a rights offering.

Following a prolonged stretch of modest loan growth, the Federal Deposit Insurance Corp.'s Quarterly Banking Profile showed loan balances shooting to a level not seen since 2007.

A large cybertheft against JPMorgan Chase and other big New York banks is said to have started with a break-in on an employee's computer at home. It serves as a reminder that big problems can start in small places and that banks need to take more steps to minimize the damage from hacker attacks.

An examination of the details in the B of A settlement shows many examples of risky behavior, including mortgage applications that were underwritten with "shadow" guidelines that allowed exceptions to approve almost any loan.

Bitcoin wallet and merchant services provider Coinbase has insured the bitcoins it holds against theft and loss.

National Association of Retail Collection Attorney’s President Joann Needleman has been appointed to serve on the Consumer Financial Protection Bureau’s Consumer Protection Advisory Board.

China Huarong Asset Management is tentatively set to go public later this year.

A judge had ordered Joseph Stilwell to appear in court and respond to a subpoena from the Securities and Exchange Commission tied to a securities fraud investigation.

All banks, regardless of size, must invest more in technology despite shareholder pressure to cut costs, said Victor Nichols, a former CIO at Wells Fargo and current director at Bank of Hawaii.

The Federal Trade Commission announced Thursday the winners of its "Zapping Rachel" robocall contest held earlier this month at the DEF CON 22 hacking conference.

The median price of a residential home sold in July soared from a year ago but there are warning signs.

BNC Bancorp in High Point, N.C., has filed to sell up to $150 million in securities. The $3.7 billion-asset company said in a filing Tuesday that it could issue common and preferred stock, debt securities and other securities from time to time.

Banks that misinterpret regulatory guidance on vendor risk management can wind up shortchanging themselves and stifling industry innovation, according to consultant Paul Schaus.

Regions Financial in Birmingham, Ala., should save some money after deciding against filling a soon-to-be-vacant executive post.

Northwest Bancshares in Warren, Pa., has promoted two executives and eliminated a pair of high-level positions.

Ginnie Mae President Ted Tozer took issue with a government watchdog report that criticized both his agency and the government-sponsored enterprises for failing to catch the massive fraud at Taylor, Bean & Whitaker.

JPMorgan Chase & Co., the biggest U.S. bank, said it increased defenses against computer hackers after an attack against the industry this month.

Canadian Imperial Bank of Commerce said third-quarter profit rose 4.9 percent as buoyant markets boosted wealth-management earnings and the lender won investment-banking business from oil and gas companies.

Toronto-Dominion Bank, Canada's largest lender by assets, said third-quarter profit rose 38 percent on higher earnings from domestic consumer lending and investment banking.