Bank of America, which agreed to a record $16.7 billion settlement of government mortgage probes in August, posted a surprise third-quarter profit as investment-banking revenue rose.

Lake City Bank in Warsaw, Ind., is planning to add three Indianapolis branch locations in roughly the next 15 months.

Citigroup, JPMorgan Chase and Wells Fargo kicked off third-quarter earnings by reporting mixed results. For every good thing, there was something to offset it: stronger lending, but also higher expenses, for example. That could continue for awhile.

MetaBank in Souix Falls, S.D., has agreed to buy the operations of AFS/IBEX Financial Services, an insurance premium finance company in Dallas.

Fifth Third Bancorp has repurchased nearly 11.3 million shares of its stock from Morgan Stanley.

Legal settlements. Restructuring charges. Compliance costs. They seem ceaseless, and they are making it harder for big banks like JPMorgan Chase to convince investors that they need flexibility to increase spending in other areas to fuel revenue growth.

A judge's ruling that Doral is owed $230 million by the territory's government may not immediately change its status as "significantly undercapitalized."

HSBC's Irene Dorner reflects on her 30-year banking career and offers this parting thought to her industry colleagues: "Do the right thing in all circumstances." She also calls for more emphasis on diversity in the banking industry and offers regulators some advice on achieving positive outcomes in her speech at the Most Powerful Women in Banking and Finance awards gala, where she accepted a Lifetime Achievement award.

C-suites will remain overwhelmingly male unless women in senior roles make it a priority to "lift up" their younger female colleagues, says Beth Mooney, the Most Powerful Woman in Banking. "The importance of mentoring, coaching and sponsorship cannot be overstated," she said.

Jane Fraser, the British-born head of Citigroup's consumer and commercial bank, shares a lesson she's learned from her 13-year-old son that has helped her adapt to her new role. She also talks about making a scary transition to a job overseeing U.S. mortgages and training yourself to overcome fear and take on "stretch assignments" at work. "You just have to be 'all in' — mind, heart, guts, hours," says Fraser, the No. 1 Woman to Watch, in her speech at the Most Powerful Women in Banking and Finance awards gala.

State Bank Financial in Atlanta has lined up its next chief financial officer.

Real-time payments would undoubtedly benefit some consumers and companies, but same-day payments can address many current needs. To that end, Nacha is working on a phased-in approach to implementing multiple same-day settlement windows.

ACA International, the largest trade group for the credit and collection industry, issued a statement Tuesday regarding the regulation of debt collection attorneys’ litigation activities.

JPMorgan Chase's third-quarter results were published more than three hours ahead of schedule because of a mistake by Shareholder.com, the investor-communications company owned by Nasdaq.

BB&T was not the first choice for Bank of Kentucky when it negotiating to sell itself. But when two preferred suitors failed to provide revised draft terms to Bank of Kentucky by an Aug. 11 deadline, it opened a window for BB&T.

Aaron's Inc., the nation's second-largest chain of rent-to-own appliance and furniture stores, will pay $28.4 million to settle allegations it installed spy software on rental computers.

A risk-based approach to anti-money-laundering rules would allow regulators to be sure mobile transactions are being screened for suspicious activity without hindering the technology's potential to do social good.

Metro Bancorp in Harrisburg, Pa., which has been under pressure from several investors, is taking steps to improve earnings and shareholder returns.

Before regulators require the country's largest banks to take on more burdensome regulations, they need to reconsider the parameters used to assess the threat of systemic risk.

Sunshine Bancorp in Plant City, Fla., has hired a former executive at Susquehanna Bancshares in Lititz, Pa., as its chief executive.