Banking

In a move that will give D+H deeper roots in the U.S. and a broader product set, the Canadian company announced Tuesday that it has reached an agreement to acquire Harland Financial Solutions.

The House Financial Services Committee was expected to approve a Republican-backed bill to remove government support in a new housing finance system, but senators continue to back a more bipartisan approach that preserves a federal backstop.

The Consumer Financial Protection Bureau filed a federal complaint Tuesday against Castle & Cooke Mortgage for giving bonuses to loan officers who allegedly steered consumers into mortgages with higher interest rates.

Discover Financial Services (DFS) reported quarterly earnings Tuesday of $602 million, up 15% from the same period a year earlier, as gains in various lending segments partially offset losses in the company's payments business.

LendProtect announced Tuesday a partnership with Yodlee Interactive to create a new service designed to offer U.K. lenders a 90-day view of their prospective customers' bank account data, including deposits and payments.

Providing financing to solar farms is 'socially responsible' and a good way to expand in leveraged loans, its CEO says. Its in-house experts came via an acquisition.

The Securities and Exchange Commission charged Trendon Shavers with defrauding investors of nearly $150,000 worth of bitcoins through Bitcoin Savings and Trust, an online investment scheme he ran, and of making false claims while soliciting investments online in 2011 and 2012.

Bank analyst Brian Foran poked fun at his own job-hopping during a regional bank's second-quarter earnings call.

The outspoken CEO has nothing but praise for the Basel Committee and says bankers have little to fear from the CFPB.

The U.S. Securities and Exchange Commission sued a Texas man over claims he operated a Ponzi scheme involving Bitcoin, the virtual currency that has recently attracted investors including Tyler and Cameron Winklevoss.

Chinatrust Bank in Los Angeles has hired heads of risk management and retail banking.

Porter Bancorp (PBIB) in Louisville, Ky., will replace its chairman and chief executive at the end of this month.

The Alabama regional bank, which struggled to jumpstart top-line growth during the second quarter, is hiring financial consultants and holding more 15-year mortgages.

MB Financial was eager to buy Taylor Capital because of its commercial lending prowess, not its mortgage unit. However, private-equity firms are said to be in talks to buy the unit.

The Federal Reserve Board has terminated enforcement actions with Royal Bancshares of Pennsylvania in Narberth and First Pryority Bank in Pryor, Okla.

Cloud computing vendors should be reaping a windfall from bank clients, if a recent report is a true indicator.

Securing an economically and fiscally sensible approach to housing finance reform is taking a backseat to entrenched political views on both sides of the aisle.

A hack that exposes information on cellphones' SIM cards could potentially endanger customers' bank information.

St. Mary's Bank, a state-chartered credit union in Manchester, N.H., recently notified all its 115,775 New Hampshire customers of a possible data breach.

Fiserv announced Tuesday that First Federal of Bucks County and United Community Bank, located in Lawrenceburg, Ind., have chosen its DNA account processing platform. DNA is the core banking platform created by Open Solutions, which Fiserv acquired in January.