Banking

Banks put the brakes on small-business lending in October as the government shutdown shuttered the Small Business Administration and the Internal Revenue Service.

At some point, the CFPB may start asking if issuers' credit scoring models negatively affect minority credit card applicants more than white applicants.

Bank of America Corp. Chief Executive Officer Brian T. Moynihan said U.S. consumers are in "pretty good shape" and spending more with credit cards.

JPMorgan Chase & Co., the biggest U.S. bank by assets, is weighing whether to ban traders from using electronic chat rooms to communicate with peers at other firms as the forums draw scrutiny from global regulators, according to a person with knowledge of the matter.

Great Southern Bancorp (GSBC) in Springfield, Mo., bought a loan portfolio from an unnamed seller.

Choice Financial Holdings in Grafton, N.D., has agreed to buy Great Plains National Bank in Belfield, N.D.

The company lost money in the third quarter as it aggressively looked to build assets. At least one investor urged management to take a break from acquisitions during a quarterly call to discuss results.

Pulaski Financial (PULB) in St. Louis said Monday that it had discovered a fraud scheme by a commercial borrower that wiped out the profit for its latest quarter and nearly a third of its annual profit.

Baylake Corp. (BYLK) in Sturgeon Bay, Wis., has agreed to buy a branch from Community Bank & Trust in Sheboygan, Wis.

Saehan Bancorp (SAEB) shareholders have more time to decide on how they get paid in the buyout by Los Angeles rival Wilshire Bancorp (WIBC).

Bankers and tech vendors assert that mobile apps must be independent of online banking at BAI’s Retail Delivery conference.

Diebold announced Monday that it has sold its cash-recycling ATMs to UniCredit Banca, a subsidiary of the Italian financial services company UniCredit Group.

In their latest efforts to steal online banking credentials, hackers are pretending to offer consumers help with healthcare sign-up; they're also spoofing top executives' email accounts.

Banks, whose reputations took tremendous hits in recent years over the treatment of military customers, have unveiled another round of programs to help service members and veterans as the nation celebrates Veterans Day.

Banks nationwide have collectively reduced their total number of branches by 390 during the third quarter, according to data announced Monday by SNL Financial.

MADISON, Wis. — Once again, rumors of the death of branches have been greatly exaggerated, according to a new study.

Capital Bank Financial (CBF) in Coral Gables, Fla., has hired a former Huntington (HBAN) executive for its top technology job.

Jacksonville Bancorp (JAXB) in Florida reported its third consecutive quarterly profit as lowered its expenses and its loan-loss provision.

Berkshire Bancorp (BERK) in New York plans to delist from the Nasdaq and deregister its common stock.

Concern is mounting that Nationstar, Ocwen Financial and Walter Investment are getting so big so quickly that they are becoming too difficult to manage and should consider tapping the brakes on acquisitions.