Banking

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

Iberiabank (IBKC) in Lafayette, La., has uncovered an accounting error that forced it to restate nearly three years of financial data.

Bob Braswell of Carolina Bank in Greensboro, N.C., gave the mayor and city council an earful after tiring of a bitter funding dispute.

Bankers often complain about regulatory intrusion into the free market, but the industry enjoys a host of subsidies. A recent IMF report showing the largest banks get an implicit subsidy to their funding costs equal to their entire profits was just the latest example. From the FHLBs to FHA, from Fannie and Freddie to the FDIC charter, all banks receive some degree of government support and protection from competition.

JPMorgan Chase (JPM) has fired back at attempts by representatives of the former Lehman Brothers to link its collapse with the so-called Whale.

The $36.5 billion-asset parent of Banco Popular de Puerto Rico said Friday it would sell nonperforming commercial and construction loans for $347 million to a group of investors that includes Perella Weinberg Partners.

Rising real estate values, a dearth of inventory, historically low interest rates and an abundance of capital that needs to be deployed by institutional investors are all factors spurring bulk loan sales.

Rhoda Altom and Deborah Gavin will join the boards of Washington Banking and its $1.7 billion-asset Whidbey Island Bank in Coupeville, Wash., the company said Thursday.

Union First Market Bancshares (UBSH) in Richmond, Va., is set to begin a share repurchase program.

Bank of America's (BAC) precrisis sales of mortgage-backed securities are under investigation by the New York attorney general.

Taking inventory at the branch, right down to the office chairs, gets a radiopowered reboot.

Customers themselves are lending momentum to the banking industry's movement toward electronic signatures. But compliance questions and other implementation hurdles remain.

Regulators shouldn't be managing banks, says a former bank supervisor for the Minneapolis Fed.

Traditional bankers could be forgiven for hoping that the direct banks would have gotten their comeuppance by now. But the branchless (or nearly branchless) upstarts look to be very much on the ball.

Banks have made hugely successful bets on emerging technologies that changed their industry and they barely have time to perfect one innovation before the pressure to find new ways of staying relevant starts up all over again.

Median deposits per branch have jumped significantly since 2007 for many banks.

What mobile trends do bankers and analysts expect to see unfold not only in the coming year, but farther out? How are banks responding to these trends and what new mobile features offer the most promise? Join the evolution toward a more mobile future.

The qualified mortgage rule issued by the Consumer Financial Protection Bureau could be disruptive to the FHA single-family program, so the Department of Housing and Urban Development is starting the process of issuing its own QM rule.

On the heels of getting recognized for its social media marketing content, Regions Bank dishes on what material has worked best for it and what it plans to do next in the socialsphere.

United Community Financial in Youngstown, Ohio, has added an advisor to the company to its board.