Banking

Fifth Third Bancorp (FITB) is expanding its capacity to take on debt and has wrapped up a $100 million stock buyback.

Andera said Friday that Bank of Zachary in East Baton Rouge Parish, La., has selected the company's oFlows platform for account opening.

Warren Buffett, the Oracle of Omaha, whose Berkshire Hathaway conglomerate owns the biggest stake in both companies, says he's likely to buy more of their shares in the future.

Zions Bancorp's chief credit officer will step down this spring. The Salt Lake City company said Thursday that Ken Peterson will retire in April at the end of his three-year contract.

Citigroup Inc. (C), the world’s biggest credit-card lender, is facing rising costs from the misselling of so-called add-on card products in the U.K. and U.S.

The 2013 Mobile World Congress in Barcelona, produced by the mobile operators group GSMA, was the launching point for many significant payments initiatives.

SCBT's deal for First Financial in South Carolina shows how wealth, mortgage and other fee businesses attract buyers that want to bulk up their noninterest revenue.

A New Jersey appeals court affirmed the airline industry's right to refuse cash in-flight, validating a strategy that began when airlines first accepted credit and debit cards onboard planes in the mid-2000s.

The Department of Homeland Security has issued advice to companies about how to better protect themselves from cyber attacks. Bill Stewart at Booz Allen helps explain what the guidelines mean for banks.

The Federal Deposit Insurance Corp. has freed the Bank of Granite in Granite Falls, N.C., from an enforcement action.

With its new depositor preference proposal, the FDIC decided to skip over the current problem and fix one that doesn't exist — yet. Its solution places more burden on banks, but may save the agency from eventually insuring foreign deposits.

Citigroup Inc., the world’s biggest credit-card lender, is facing rising costs from the misselling of so-called add-on card products in the U.K. and U.S.

Sen. Bob Corker, R-Tenn., said recent profits at Fannie Mae and Freddie Mac should go toward helping build a new mortgage finance system.

The Columbus, Ga., company has righted itself, is pursuing growth opportunities and looks forward to the day when it is strong enough to buy other banks again, CEO Kessel Stelling says.

A number of community banks took a hit when Silverton Bank failed in 2009, and that experience is making them cautious about sharing credits today.

NewDominion Bank in Charlotte, N.C., believes it is close to raising enough capital to shed a consent order.

A charge for losses from distressed banks weighed against the fourth-quarter earnings at First Citizens BancShares (FCNCA) in Raleigh, N.C.

An uptick in home loans helped First PacTrust Bancorp (BANC) narrow its losses in the fourth quarter.

Federal agencies have the authority and ability to raise minimum capital in a direct and meaningful way, outside of the Basel III process.