Banking

The $2 billion-asset company in Rockville, Conn., said Monday it plans to repurchase as many as 10% of its roughly 2.7 million shares outstanding.

National Regulatory Services, a maker of compliance software, has upgraded its ComplianceMAX platform. The software helps broker-dealers, advisers, banks and insurance companies handle audits, complaints, and registration.

A federal judge has revived a lawsuit that charges JPMorgan Chase (JPM) with misrepresenting the quality of loans that backed securities sold to Belgian bank Dexia.

Capital One is employing a technology called responsive design that changes the appearance of its website for desktop, smartphone and tablet devices.

Bloomberg LP has hired a consulting firm with significant ties to financial regulators to help review its privacy policies.

Hackers backed by China's military appear to have resumed a campaign of cyberattacks on U.S. businesses. The targets, which in previous attacks included financial firms, are thought to remain the same.

First Trade Union Bank unveiled an app for iPad that includes standard mobile banking feature such as allowing customers to deposit checks, pay bills, schedule payments and view accounts.

Shareholders of OptimumBank Holdings (OPHC) have approved a reverse stock split aimed at preserving the Fort Lauderdale, Fla., company's Nasdaq listing.

Tim Pawlenty, the CEO of the Financial Services Roundtable, says the Consumer Financial Protection Bureau has been forging a "constructive" relationship with the banking industry, especially as it dealt with qualified mortgage and remittance rules.

Four years after NCUA placed five corporate credit unions into conservatorship, the biggest question that remains is what will be the final cost to natural-person CUs.

It's been four years since the most cataclysmic and costly series of events in the history of U.S. credit unions: the conservatorship by NCUA of five failed corporates.

Credit Union Journal spoke with NCUA Director of Examination and Insurance Larry Fazio, who shared NCUA's view on its management of those five failed corporates' investments and the conservatorships.

Enterprise Financial Services has completed the purchase of a mortgage business from F&M Bank and Trust.

The timing couldn’t be better for the new advisory board of the Payment Card Industry Security Standards Council to include several European voices.

Crypto Street, a startup that’s building a platform for trading digital currencies like Bitcoin, is making a point of forging relationships with multiple banks after similar businesses suddenly lost their bank accounts and folded or scaled back.

New York Attorney General Eric Schneiderman is revising his allegations of foreclosure settlement violations by Wells Fargo (WFC) and Bank of America (BAC), resetting the clock on his plans to sue the banks over 339 alleged servicing violations.

Miguel Blesa, a former executive of Caja Madrid, is in Spanish prison after being accused of arranging to buy Florida's City National Bank at an inflated price.

Pacific Mercantile Bancorp (PMBC) has postponed its annual meeting after it discovered that it awarded too many stock option grants to its former chief executive.

Fulton Financial (FULT) in Lancaster, Pa., announced that its longtime chief financial officer will retire at the end of this year.

The CFPB's revised final rule on remittances made it easier on bankers, but it will still have a significant — though unclear — impact on international money transfers.