National Bank Holdings Corp., a company formed in 2009 to buy failed banks, is planning to contract its branch network.

Giving the rest of our sales teams regular snapshots of factors that brought about star performances is far more useful than simply reporting who those star performers are.

New York's top banking overseer said any regulation of the nascent Bitcoin industry has to include transparency on who does the trading of the virtual currency, and if that hurts a business dominated by anonymous transactions, "so be it."

A lawsuit that accused GMAC Mortgage of taking kickbacks and overcharging homeowners on force-placed insurance policies has survived a motion to dismiss.

New Century Bancorp in Dunn, N.C., has agreed to buy Select Bancorp in Greenville, N.C.

Wells Fargo & Co. (WFC), the largest U.S. home lender, agreed to an $869 million settlement with Freddie Mac to resolve repurchase claims on faulty loans sold to the government-backed firm before Jan. 1, 2009.

More than $5.4 million will be mailed to consumers and businesses who were victimized by a massive fraudulent operation that placed unwanted charges on their telephone bills.

While the statistics seem grim, there are many reasons why banks should still enter the student loan market.

Cathay General Bancorp (CATY) in Los Angeles has finished buying back the shares it issued to the Treasury Department under the Troubled Asset Relief Program.

The Department of Housing and Urban Development on Monday issued its own proposed rule defining what constitutes a "qualified mortgage," that has two exceptions to the existing QM rule finalized earlier this year by the Consumer Financial Protection Bureau.

The $483 million-asset company issued 370,000 shares of common stock to a prominent financial institution investor, according to a press release Monday. The investor was not named in the release.

Regulators and financial firms must listen to each other and work together to protect the interests of customers and stakeholders. Only then, will they be able to build a safe and sound financial system.

The banking regulators will remain open in the event of a government shutdown, but the ongoing fiscal battle in Congress could still have significant implications for the financial services industry.

The state has reached a settlement with five payday lenders under which they would be prevented from collecting on certain loans and pay restitution to customers, Eric Schneiderman's office announced Monday.

Bank fees have reached record highs this year, according to a fall survey from Bankrate.

Solera National Bancorp in Lakewood, Colo., has ended a months-long search for a new leader.

Technical glitches have marred the rollout of Acxiom's consumer data website, but CEO Scott Howe remains undeterred in his effort to give consumers a greater say regarding the reams of information that banks and other companies are collecting about them.

The Federal Deposit Insurance Corp. took action against three banks in August and released one bank from a consent order.

The threat of Basel III-related dividend restrictions could make it harder for the more than 2,000 banks with S corporation tax status to attract investors. S Corp banks were already on the decline.

Lenders can get a jump on compliance with the new qualified mortgage rule with a test from mortgage technology vendor Interthinx.