Banking

More than 4,800 consumers were defrauded by National Card Monitor LLC, a telemarketing operation that promised to lower consumers’ credit card interest rates for an advance fee.

If bankers want their branches to be successful, they’ll have to start thinking beyond cost-efficiency, says Paul Seibert, vice president of financial design for EHS Design.

Eastern Bank in Boston has established a new unit to develop technologies for itself and other banks and has tapped the former leaders of the tech startup PerkStreet to run it.

An Ohio county is reviewing whether to sell its delinquent properties as a bundle through a tax lien sale with the successful bidder then pursuing the debts.

FICO has acquired the Hadoop-based analytics technology developed by Karmasphere in Cupertino, Calif.

With help from their vendors, small banks are enhancing their online and mobile banking offerings by adding features that allow business clients to more quickly approve wire transfers, send out invoices and manage other day-to-day tasks that previously may have required a visit to the branch.

Bank of America (BAC), which last month won approval to lift its dividend for the first time since the financial crisis, said it will suspend that increase and $4 billion of planned buybacks because of an error in its capital planning.

State Bank Financial (STBZ) in Atlanta has agreed to buy Atlanta Bancorp.

BTC China halted local-currency deposits to clients' China Merchants Bank Co. accounts, as lenders close accounts with Bitcoin exchanges amid government measures to check surging trading in the virtual currency.

Earnings season is a great time to gather clues from bank chiefs on what they see for the economy in the months ahead. Some, like Dick Evans of Cullen/Frost Bankers in Texas, are extremely bullish. Others, like BB&T's Kelly King, fret about revenue growth.

The deVere Group's Nigel Green on the trouble with FATCA for U.S. citizens living abroad.

After the controversy, the architect of a proposal to sell bank services at the post office speaks out.

The real estate developer-turned-savings-and-loan honcho was the face of the S&L crisis, and his influence over five senators made for a heck of a scandal.

Banking executives are adamant: the branch stays in the picture. Heather Landy reports from Retail Banking 2014.

The most profitable 200 community banks and thrifts as ranked by three-year average ROE.

The deal’s approval following months of uncertainty represents a significant milestone in the DOJ’s controversial Operation Choke Point probe.

State regulators in South Carolina closed the $54 million-asset Allendale County Bank late Friday.

Community West Bancshares (CWBC) in Goleta, Calif., said it will redeem almost half of its outstanding preferred stock issued under the Troubled Asset Relief Program.

Drexel Hamilton, a startup broker-dealer making inroads in capital markets, pairs Wall Street pros with disabled military veterans, training the latter for new careers. It's a nice story, but in the ultra-competitive market of small-bank advising, will it sell?

The Federal Deposit Insurance Corp. took action against six lenders and ended orders against 14 firms in the FDIC's latest monthly roundup of enforcement actions.