Banking

The $1.2 billion-asset unit of NASB Financial (NASB) said late Tuesday it has named Paul Thomas to the post.

Companies may now handle disclosures over social media, the Securities and Exchange Commission ruled.

Most homebuyers are happy with their lenders but many others feel that they have been left in the dark during the homebuying process, according to a new survey.

Bank of the West today rolled out new apps for iPhone, Android and iPad devices that include a unique feature: the ability to check balances with a swipe of the app's opening screen, without having to log in first. The bank is the first to use Fiserv's Mobility platform to create Quick Balance.

ReD plans to introduce its fraud prevention services in Latin America and the Caribbean, two growing card payments markets that are undergoing migration to EMV smart cards.

Analysts are skeptical lenders can cut overhead fast enough to keep up with a projected collapse in mortgage volume. Some banks are intent on taking a bigger piece of the pie.

The debate over whether banks should be run by separate chairmen and chief executives has gained fresh urgency as proxy season has arrived. Even at the biggest banks, the question remains far from resolved.

Ocwen Financial (OCN) has completed its purchase of the reverse mortgage lender Liberty Home Equity Solutions from Genworth Financial (GNW).

Pacific Mercantile Bancorp (PMBC) has completed a deal that should help the Costa Mesa, Calif., company in an effort to shed troubled loans.

Intuit will begin piloting its combined PFM and mobile banking offering with banks later this spring.

Bharat Masrani, 56, who currently serves as chief executive of its U.S. banking unit, will succeed Ed Clark, 67, as CEO of the parent company when Clark steps down from the post next year, Toronto-Dominion said Wednesday.

TriState Capital Holdings in Pittsburgh has filed to hold an initial public offering.

Small-business loans resulting from a government program jumped by 20% during the fourth quarter, with the Treasury estimating it has helped more than 38,000 total loans since it began nearly two years ago.

TV chef Jamie Oliver is the latest celebrity to lend his name to a payments product, tying his image to charity fundraising through Prizeo.

A group that has claimed responsibility for a flood of cyberattacks on the nation's biggest banks says it was behind an assault last week on the website of American Express (AXP) that left customers of the credit card giant unable to log in to their accounts.

The debt collection industry is bracing for significant reform as collectors are scrutinizing their own practices ahead of the first set of examinations by the Consumer Financial Protection Bureau.

The Consumer Financial Protection Bureau has joined forces with New York City Mayor Michael Bloomberg to take a local financial protection program nationwide.

Bank deal-making faces a new hurdle as a small group of attorneys challenges a large number of buyout offers. For the lawyers, even dubious challenges can result in big paydays. For potential acquirers, the added costs and hassles are another hurdle on the way to reinvigorating the still-struggling bank M&A market.

Charter Financial (CHFN) in West Point, Ga., has received shareholder approval to become a fully public firm.

Rising home prices and the ongoing quest for new revenues are prompting lenders to take a second look at a product that fell out of fashion following the housing bust.