Banking

The Consumer Financial Protection Bureau and several state attorneys general won their first joint-case Friday against a debt-settlement company in Florida.

BB&T has extended the contract of its chief executive for three years. The $182-billion asset company said Wednesday it has eliminated a provision in Kelly King's contract that would have required him to step down when he turns 65 this September.

Citigroup’s 2G card, developed with technology from Dynamics, promised to revolutionize the way consumers paid with plastic. But the product remains in pilot testing mode more than two years after the partnership was announced and more than a year after Citi reportedly aimed to mass-market the card.

The Shippensburg, Pa., banking company said Thursday it has sold 172 commercial loans with a combined balance of $45.6 million to an investor group for roughly $32 million.

The OCC told financial institutions to report cyber attacks to law enforcement and alert customers to their impact as new assaults targeted PNC and other banks.

Private label credit card is the least expensive method of payment stores can accept. For that reason alone, it makes fundamental sense for every retailer to carry a program if feasible.

MasterCard Inc., already facing at least 12 U.K. lawsuits after European Union regulators outlawed cross-border card fees, was sued by Deutsche Bahn AG and J Sainsbury Plc.

BV Financial, the holding company for Bay-Vanguard Federal Savings Bank, has agreed to acquire Vigilant Federal Savings Bank in a combination of two small Baltimore mutual thrifts.

First Citizens BancShares has lost a piece of its history with the resignation of a long-time director.

UBS's guilty plea seen as "epic," small banks get a bit of good news, the Consumer Financial Protection Bureau preps for a busy year.

PNC has piled an abundance of features onto its Virtual Wallet online banking account since the product's 2008 launch, and the underlying technology has creaked loudly under the strain.

WASHINGTON — President Obama signed two bills on Thursday that will protect information banks provide to the Consumer Financial Protection Bureau and eliminate a requirement on ATM fee notices.

The Winston-Salem, N.C., regional bank is weathering its second distributed denial-of-service attack this year after some customers who visited the bank's website were unable to log on.

Chase Bank has agreed to acquire merchant offers company Bloomspot. The deal is expected to close in early 2013.

Shoring up the Federal Housing Administration's finances in the short term is a top priority, but differences remain on whether the agency needs an overhaul or tweaks around the edges.

MoneyDesktop, a PFM startup and credit union service provider, will embed budgeting and spending tools directly into web banking.

CapitalSource (CSE) in Los Angeles said that John Delaney, who was elected to Congress last month, is stepping down as its chairman.

Investors Bancorp had hardly announced its deal for Roma Financial, a fellow mutual thrift in New Jersey, than speculation began whether it should buy more mutuals before it restructures and is barred from doing so.

After enjoying strong growth in its credit card business in 2012, Discover Financial Services is investing some of those returns in a more diverse range of products.

After enjoying strong growth in its credit card business in 2012, Discover Financial Services is investing some of those returns in a more diverse range of products.