Ocwen Financial's shares had fallen nearly 7% Friday afternoon, to under $10 apiece, a day after Standard & Poor's Ratings Services put the company's servicer ratings on CreditWatch negative.

Demand for automobile loans has soared to new levels, Equifax said in a Thursday report. Meanwhile, delinquencies of 60 days or more have hit their lowest point in nearly a decade.

WestStar Bank in El Paso, Texas, is planning to merge with First National Bank in El Paso.

Two private-equity investors have priced their offering of shares in Central Pacific Financial in Honolulu.

Bankers scratching their heads about how to attract millennials can take some comfort knowing that generations ago their predecessors also struggled to connect with America's youth. Crocker National Bank found a way, though.

Commerce Bancshares in Kansas City, Mo., has established relationships with several new organizations, including environmental groups and universities, to offer co-branded credit cards.

A lawsuit filed Thursday in New York accuses The College Network and its owner of scamming more than 2,000 New Yorkers, leaving them saddled in debt.

A group of 32 Senate Democrats on Thursday asked Consumer Financial Protection Bureau Director Richard Cordray to issue the "strongest rules possible" against predatory lending.

Same-day payments will be a big improvement for business-to-business transactions, but banks are still bound to lose market share to technology firms that are taking the complexity out of the payments process.

PBB Bancorp in Los Angeles and First Mountain Bank in Big Bear Lake, Calif., are discussing a merger.

U.S. banks are poised to score a victory in their fight to keep regulators from pinching the billions of dollars in fees they charge consumers who overdraw their accounts.

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First Citizens BancShares in Raleigh, N.C., has hired Brent Ciliano to be its chief investment officer.

PHH Corp. has been ordered to pay $109 million over allegations that it illegally accepted kickbacks on reinsurance premium payments after Consumer Financial Protection Bureau Director Richard Cordray partially overruled a decision previously made by an administrative law judge.

The regulatory burden for originators has not only been the main driver of acquisition activity in mortgages but also influences deal structures. Acquirers are looking to craft transactions so they don't get burned by targets' compliance lapses.

BancPlus in Ridgeland, Miss., has hired two Morgan Stanley financial advisers to lead its new wealth-management unit.

First Capital in Corydon, Ind., has agreed to buy Peoples Bancorp Inc. of Bullitt County in Shepherdsville, Ky.

The 28-year-old Young Americans Bank was founded to teach kids to save, but now the bank is focused on showing its customers how to spend wisely. CEO Richard Martinez says tots still prefer paper statements, while tweens are getting their allowance via bill pay.

As part of its proposed sale to Royal Bank of Canada, City National has made a big Community Reinvestment Act commitment, which includes targeting small-business loans at the minority- and women-owned suppliers of three power companies.

Eastern Bank is considering a plan that would boost its biggest donations from $50,000 to seven-figure sums. While the plan could shrink the total number of grants given, it should also allow the organization to have more influence in certain areas.