The board at Cardinal Bankshares Corp. responded Thursday to a series of demands by Douglas Schaller, rejecting the activist shareholder's assertion that the company should sell itself.

With its coffers at capacity, the capital-flush Cincinnati company said recently it would raise its dividend to equal 100% of its quarterly earnings.

The buzz word "duplicative" has been making the rounds lately, employed by watchdog groups and politicians to describe government programs which overlap and offer redundant services at taxpayer expense.

Forget the crumb of good news in the jobs report. The economy is getting worse, not better. It's time to waive the white flag and lower your price tag unless you are a strong bank.

BancorpSouth Inc. said late Thursday that it is selling a pair of Texas branches to First National Bank of Hughes Springs in Texas.

WASHINGTON — Twenty small banks will receive a total of $253 million in the latest round of funding from the Small Business Lending Fund, according to the Treasury Department.

Madison National Bancorp Inc. in Melville, N.Y., is giving an investment group an additional six months to complete its planned acquisition, but the seller is building in insurance.

The industry's giants have received most of the flows generated by tidal shifts in money markets, and have been impelled to shore up core funding by new liquidity rules.

President Obama has finally nominated a director for CFPB, but the move came at least a year too late to do the agency any good.

First Security Bank of Nevada in Las Vegas has received a much-needed capital boost.

Agency unveils new pilot program for smaller investors wanting to bid on loans.

Aided by two acquisitions and sharply lower deposit costs, BankFinancial Corp. in Burr Ridge, Ill., swung to a profit of $1 million in the second quarter from a loss of $288,000 in the same period last year.

Cardinal Bankshares' biggest outside shareholder is hopping mad over an act that normally gives investors comfort: succession planning.

The number of deals rose slightly in the second quarter, but take away big acquisitions by PNC and Capital One and the value of them fell.

Banking has become a complicated business, and working with regulators and other outside parties such as auditors and shareholders makes it even more so. Management teams, especially directors, increasingly need simpler tools such as dashboard reports and guidelines rather than complex methodologies and models.

Community bank letting a vendor keep its systems up to date on regulatory requirements.

Clifton Savings Bancorp Inc. in New Jersey said that its second-quarter net income fell nearly 18% from the same period last year due to legal expenses related to its decision to terminate its planned second-step conversion.

In one of the first actions of its kind, the National Credit Union Administration has sued a real estate appraiser it says provided a faulty appraisal for a loan that left the now-defunct Utah Central Credit Union holding the bag for more than $400,000.

Congress has expressed deep concern about the regulatory control of banks, yet at the same time wants banks to aggressively finance business and economic growth.

Countries pledge coordination but then go their own ways when it comes to financial regulation. Could it spell the end of global finance?