Banking

Delinquency rates on student loans made in the past two years stand at 15% in the U.S. as recent graduates struggle to find jobs, Fair Isaac said.

Charles R. Crowley and Michael C. Voinovich will open an investment banking office in Cleveland for Boenning & Scattergood.

Grandpoint Capital's plan to acquire its ninth bank in less than three years has been terminated, or possibly just iced for now.

Wells Fargo (WFC) may see an 18 percent drop in mortgage revenue this year as profit from selling loans shrinks, according to Richard Staite, an analyst at Atlantic Equities LLP.

WesBanco in Wheeling, W. Va., reported higher quarterly earnings because of a lower loan-loss provision and higher interest income.

Working with Accion, the companies plan to connect governments, NGOs, the private sector and others to expand access to credit, savings, payment tools and insurance for people across the globe.

Zions Bancorp., in Salt Lake City, took an $84 million charge related to trust-preferred collateralized debt obligations last quarter, but experts say it will pay off. Better loan totals help, too.

Empire Bank's push to get small businesses to use electronic transactions focuses on clarifying terms that banks and businesses often use differently.

Card fraud is now harder to perpetrate in parts of the world that have adopted the new technology, so criminals appear to be focusing more on the United States.

Fraud losses on U.S. credit and debit cards, after years of decline, now appear to be on the rise again. And one key culprit, according to experts, is this country's slow adoption of technology that will improve security.

A number of community banks are turning to alternative channels, including lending cooperatives, to address imbalanced loan-to-deposit ratios.

BankUnited (BKU) of Miami Lakes, Fla., reported better-than-expected earnings in the fourth quarter as a surge in interest income more than offset a dip in fee income and the impact of a penalty for pre-paying Federal Home Loan bank advances.

The New Jersey company is well capitalized but was challenged making bigger loans to its commercial clients, an issue that could lead other small banks to seek buyers.

Lake Shore Bancorp (LSBK) in Dunkirk, N.Y., is ready to make a change at the top as two directors approach retirement age.

National Bank Holdings (NBHC) reported a higher quarterly profit thanks to a wider net interest margin and lower tax and loan-loss provisions.

Cedar Falls, Iowa, start-up Banno, which sells website hosting and software services to financial services companies, has appointed Charles E. Potts as its company president.

CircleUp, an online investing site for consumer goods companies, gets a boost from its relationships with General Mills and Procter & Gamble and considers itself a disruptor to the investment banking industry.

Visa and Citigroup, working with the Center for Financial Inclusion at Accion, plan to connect governments, NGOs, the private sector and others to advance global financial access by the end of this decade. Their Financial Inclusion 2020 campaign aims to do this by increasing access to credit, savings, payment tools and insurance for people all over the world.

Mortgage earnings climbed to 14% of total revenues at Wells Fargo in the fourth quarter. Banks say they can scale down operations quickly when volume fizzles.

Identity-security firm HID Global and biometrics company BehavioSec have released a fraud-detection system that relies on behavioral cues like typing speed and pressure to identify security breaches.