Benjamin Lawsky, the head of New York's Department of Financial Services, on Wednesday called for regulators to hold individuals responsible for recent industry scandals. He also warned that his agency may ban some banks from certain businesses over money-laundering violations.

A U.S. district judge ruled that the Federal Trade Commission has the authority under the FTC Act to regulate the arms of American Indian tribes, their employees and their contractors.

When a business needs to get in sync with its suppliers, that's logistics, as the shipping jingle goes.

Mortgage applications declined 1.2% from the previous week in the week ended March 14, according to the latest data from the Mortgage Bankers Association.

More borrowers are paying off their mortgage loans before their credit card debts, reversing a trend first seen in September 2008, according to a TransUnion study.

A court-appointed trustee will operate an Indiana collection agency after it failed Tuesday to get a time extension to devise a refinancing plan to pay off its creditors.

The Federal Reserve Board has terminated a written agreement with Remer Bancorp. in Minnesota.

Poage Bankshares (PBSK) in Ashland, Ky., has completed an acquisition that incensed one of its biggest investors.

JPMorgan Chase & Co. will sell its physical commodities unit to Mercuria Energy Group Ltd. for $3.5 billion, ending a five-year foray into owning and storing raw materials amid pressure from regulators to leave the business.

Operation Choke Point prosecutors were poised to resolve their first lawsuit against a bank, but then they ran into a federal judge in North Carolina with a fondness for citing "The Sopranos" and a deep skepticism of financial services and the settlement deal.

Synovus Financial Corp. investors, led by two pension funds, reached an $11.8 million settlement of a lawsuit against the bank over more than $200 million in soured loans to the Georgia luxury resort Sea Island Co., according to a court filing.

Rockville Financial (RCKB) in Glastonbury, Conn., and United Financial Bancorp (UBNK) in West Springfield, Mass., have secured four of the five regulatory approvals needed to complete their high-profile merger.

Salisbury Bancorp (SAL) in Lakeville, Conn., has agreed to buy Riverside Bank in Poughkeepsie, N.Y.

Post-crisis structural changes will trigger a wave of community bank M&A, creating new regional bank powerhouses. Investors will pressure management to acquire, sell or return capital through dividends or repurchases. There will be no runners-up in the coming consolidation.

NexBank has appointed Craig Campbell president of NexBank Securities and senior managing director of NexBank Capital Advisors.

The investigation that Justice Department officials have dubbed "Operation Choke Point" was first disclosed in March 2013. The probe aims to prevent fraudsters from accessing consumer bank accounts by choking off their access to the payments system. Its effects have been felt by banks, payment processors and companies that make short-term consumer loans over the Internet, with some industry officials arguing that at least some of the affected online lenders are legitimate businesses. Here is a look at key milestones of the investigation.

Ontario Systems, a leading receivables management technology and services provider, has announced Chief Compliance Officer Rozanne Andersen will present at the 18th annual National Collections & Operational Risk Conference in Miami next week.

River Valley Community Bank (RVVY) in Yuba City, Calif., is set to have a new chief executive.

Oak Valley Bancorp (OVLY) in Oakdale, Calif., has restated its fourth-quarter earnings after discovering that it made an error accounting for a common stock dividend.

While big banks are trying to recruit more employees with engineering and technology expertise, they are often losing out to startups and tech giants like Facebook and Google. American Banker editors discuss the perks, better compensation and cultural changes that banks would need to offer to get ahead in the war for talent.