Capmark Financial Group Inc. announced Friday that it has abandoned plans to sell off the controlling interest it holds in its bank subsidiary, Utah-based Capmark Bank, after unsettling market conditions broke apart negotiations.

First Mariner Bancorp in Baltimore disclosed Friday that it has a hearing later this month that could have a key influence on its future.

The Federal Reserve's vow to keep interest rates low for another two years has taken a number of bankers by surprise.

A pair of banking companies said Friday that they have been approved for participating the in the Small Business Lending Fund and plan to use the funds to exit the Troubled Asset Relief Program.

Some of the new red tape was supposed to drive deals, but it could dry up M&A among banks near $50 billion of assets.

The reality is sinking in.

Heritage Bankshares Inc. said Thursday that it had completed a $7.8 million investment transaction in the Small Business Lending Fund program.

The Federal Reserve this week took action against four banks, including three written agreements and the issuance of a prompt corrective order against Bank of the Eastern Shore.

Community bankers have a chance to have our issues heard over the next few months on the national front.

A pair of North Carolina banks — FNB United and Bank of Granite — surprised industry observers last week, finding investors willing to commit $310 million for an arranged marriage between the struggling companies.

Jason Awad has worn many hats over a long career in Sin City; now he is trying his banking cap once again.

The branch will be mainly a marketing and new account indoctrination center. Smartphones will eliminate most face-to-face transactions, as well as paper checks, currency and cards – not to mention the costs associated with those media.

American Banker offers tough questions for hedge fund manager Bruce Berkowitz to put to the embattled Bank of America CEO on Wednesday. Add your own queries to our list.

University Federal Credit Union plans to open several branches that take design cues from airports, including new tablet-like ATMs that look like the check-in kiosks at airline terminals.

Hamilton State Bancshares Inc. is looking to repurchase up to $4.2 million of its common stock just five months after the Atlanta-area company received a hefty capital infusion to buy other banks.

NBH Holdings Corp. is following up its recent failed bank acquisition in Colorado with a branch deal and name change.

Housing industry executives awoke on Monday to a world reshaped by the U.S. downgrade, but for their corner of the financial markets the pain is mostly psychological.

On Tuesday, the $904 million-asset company said that Lee R. Keith, a director since 2009, as its interim president and chief executive. Keith succeeds Ted T. Awerkamp, who had served in those positions since 2007.

Carpetbaggers they're not, but JPMorgan Chase and PNC are making their presence felt in Atlanta and throughout the Southeast, snapping up branches in states smacked by the financial crisis.

First Citizens BancShares Inc. in Raleigh, N.C., reported a decline in second-quarter earnings after its loan-loss provision jumped.