Banking

Aquiline Capital Partners, a private-equity firm based in New York, is buying First Investors Financial Services Group, a Houston auto lender, for $100 million.

A bipartisan group of 53 senators is calling on banking regulators to consider the impact that proposed Basel III capital standards will have on community banks.

User input from a pair of tech firms says a vast majority of lenders who are moving toward automated processing have an eye on the stew of mortgage rules that mandate more disclosure and tighter processing.

Banks are growing increasingly worried that the failure to stem impending tax hikes and steep budget cuts could reduce lending demand, savage profits and cripple M&A activity.

The $1.5 billion-asset Fidelity said it plans to consolidate its existing branch in Liberty, N.C., into the newly acquired location less than a mile away.

Forget the chitchat, find seasoned bankers (especially from your previous employer) and invite them over to meet the CEO — that's the recruiting formula Rodney Rushing uses at ServisFirst.

The Fed had reached the agreements in 2010 with America's Community Bank in Blue Springs, Mo., and First Capital West Bankshares in Laramie, Wyo.

BNC Financial Group (BNFI) in New Canaan, Conn., has promoted Robert J. Palermo to become the president of Bank of Fairfield.

Bitcoin, the international digital currency defined by its lack of a central issuing authority, now has something like a chamber of commerce.

The credit card issuer intends to offset an expected decline in revenue from add-on products by becoming a more well-rounded consumer bank.

New players are disrupting the established order and taking market share from independent sales organizations. This rapid pace of change in payments may drive many ISOs out of business, speakers said at an industry event.

Bankers "wake up in the middle of the night" worrying about data breaches, a Citigroup executive said this week, as several big banks faced a wave of cyber attacks.

Bankers “wake up in the middle of the night” worrying about data breaches in the U.S. payment system, a Citigroup executive said this week.

Arrangement will allow the Charlotte, N.C. bank to help business customers improve accounts receivables processes.

The financial services startup said Wednesday that Mohamed Khalil has joined the company as director of products, data and partnerships.

Rusty Cloutier, the Lafayette, La., company's CEO, says MidSouth can double in size over the next five years without making another large acquisition.

Kentucky First Federal Bancorp (KFFB) has received approval from Federal Reserve Board to waive its right to receive a dividend.

Experts share the real threat behind the cyberattacks against Bank of America, Wells Fargo and others, and what banks can do to protect themselves.

The inspector general for the FHFA found no evidence that Freddie Mac discouraged homeowners from refinancing their mortgages to profit from an exotic form of interest rate hedging.

Getting a good deal is sometimes about more than fetching top dollar, as private-equity investors in West Coast Bancorp demonstrate in their agreement to sell to Columbia Banking.