Lucrative sale of a subprime lending unit. Big credit card deal. Clear business plan. It's looking like a good year for Citi — provided it passes the CCAR stress test this week and fills a key executive post.

The Federal Trade Commission has returned more than $2.4 million in refunds to some 100 consumers harmed by the Premier Precious Metals scheme, which bilked millions of dollars from investors, including many senior citizens.

Two private debt collection agencies that had contracts to collect delinquent student loans for the U.S. Department of Education have announced layoff plans prompted by the federal agency ending collection contracts with some vendors.

Debt buyer PRA Group has expanded its Norfolk, Va. headquarters for the second time in just more than a year.

KeyCorp has been getting back into full-scale residential lending as part of a broader strategy to deepen client relationships. The market's shift toward purchase activity and defined mortgage rules also played a role.

Northern Trust in Chicago has appointed Donald Thompson, the recently ousted president and chief executive of McDonald's, to its board of directors.

Few would dispute that the U.S. ought to move to a faster payment system. But the hurdles to modernizing the infrastructure are daunting, said participants in a panel at this week's Retail Banking 2015 conference.

Tiered regulation could bring about a number of useful changes for regional banks, including a more customized approach to determining capital adequacy and simplified resolution planning requirements.

Reverse mortgage originators have not been immune to the wave of regulatory and compliance changes sweeping the mortgage industry over the past few years.

Great Western Bancorp in Sioux Falls, S.D., plans to record a spike in credit costs during the first quarter as it deals with issues tied to certain commercial loans.

Western Alliance Bancorp. in Phoenix has agreed to buy Bridge Capital Holdings in San Jose, Calif.

WASHINGTON — The Consumer Financial Protection Bureau appears ready to act on rules limiting arbitration clauses as the bureau continues to argue such agreements harm consumers.

The Consumer Financial Protection Bureau's second arbitration study indicates the bureau's intent to regulate financial institutions' inclusion of clauses that prevent customers from suing.

U.S. Bank and Old National Bancorp were the only two American bank companies named to the Ethisphere Institute's 2015 World's Most Ethical Companies list.

Industry groups are urging the Pentagon to soften its proposed expansion of a rate cap on loans sold to service members, but banks face opposition from dozens of advocacy groups that favor tougher restrictions.

The Federal Reserve and JPMorgan Chase were far apart last week in how much revenue the company would be making after the kind of economic shock envisioned in the Dodd-Frank stress test. The gap has JPM observers cautiously awaiting the results of this week's CCAR test.

New York's Amalgamated Bank is hoping to do more business with political action committee and left-leaning customers as its retail business shrinks.

U.S. credit card debt jumped by $57.1 billion - up 47% - in 2014 compared to 2013 and the forecast calls for the total to reach $60 billion this year, according to a new survey from CardHub.