Banking

An attack that shut down the bank's file servers drove Central Bank & Trust to buy a new antivirus solution.

A branch is no longer just a "full-service thing" but a wide range of service points that include bare-bones express locations and the smartphone in your pocket, Bank of America CEO Brian Moynihan said this week.

The West Virginia Supreme Court has overturned a $75,000 verdict against collection firm Green Tree Servicing, ruling that Circuit Court Judge Robert Burnside should have sent the lawsuit to arbitration.

New regulations under consideration by the Financial Conduct Authority (FCA) in the United Kingdom will drive up collection costs and hurt collection rates, according to an early finding from a study being released next month by FICO.

Directors at community banks could also face more liability as regulations, including the qualified mortgage rule, are implementing in coming months

BBVA seeks developers across the world to help it create new services, applications and content through a contest that runs through Dec. 3.

Sandy Spring Bancorp (SASR) in Olney, Md., has named Ronda McDowell as chief credit officer of its bank.

U.S. consumers increased their debt in the third quarter by the largest amount since early 2008, the Federal Reserve Bank of New York said Thursday.

The Federal Deposit Insurance Corp. is seeking $6.3 million in damages from three former directors of the failed Progress Bank of Florida in Tampa.

Gyft, a mobile gift card provider, has launched a loyalty system that gives different levels of rewards based on the funding method, favoring alternatives over credit cards.

Beleaguered bank JPMorgan Chase (JPM) shot itself in the foot with its own Twitter hashtag on Wednesday afternoon, demonstrating the many potential pitfalls for banks and other big corporations that try to harness Twitter for their own purposes.

Peer-to-peer online lender Lending Club has added a former Treasury Department official and a senior Google executive to its advisory board.

A number of roll-up companies were built for an M&A market characterized by a torrent of failed banks, a dearth of available capital and lots of sellers. Things turned out much differently. Here's how one company, National Bank Holdings, has adjusted.

Global business and technology consultancy firm Capco has launched a high-tech digital lab that aims to provide financial service clients with a place to develop new financial products and services.

A class-action settlement between Old Line Bancshares (OLBK) in Bowie, Md., and shareholders of WSB Holdings has been approved by the Maryland circuit court for Prince George's County.

Bank of America has created a technology platform to better connect mortgage holders to customer service employees when those customers fall into delinquency.

The $680 million-asset company said Wednesday that it launched Bankwell Investment Services after hiring adviser Louis Czerwinski from First Niagara Investment Services.

The U.S. Department of Housing and Urban Development for the first time failed to sell some of the soured mortgages it's auctioning off in the wake of the housing crisis, according to four people with knowledge of the results.

The former president and chief executive of a failed bank in Savannah, Ga., has pleaded guilty to a conspiracy charge in a loan-fraud scheme.

The national mortgage delinquency rate continued its downward trend in the third quarter, dropping to 4.09% compared to 5.33% during the same period a year ago.