Bank of America must face a trial next month in a lawsuit alleging the bank's Countrywide unit defrauded Fannie Mae and Freddie Mac by selling them billions of dollars in bad mortgages, a federal judge ruled.

Independence Federal Savings Bank (IFSB) in Washington, D.C., is taking a second shot at buying Colombo Bancshares in Rockville, Md., three years after the companies called off plans to merge.

Small-business credit conditions continued to improve in the second quarter, thanks to gains in personal income, retail sales and employment, according to a Experian/Moody's Analytics Small Business Credit Index report released on Tuesday.

Why a community bank has committed $500,000 to fledgling tech companies and plans to do more.

Community banks brace for limited selection, but embrace one-stop shopping, as consolidation takes place among IT firms.

The complexion of bank M&A has changed, say investment bankers at St. Charles Capital in Denver: buyers and sellers are healthier, both sides are closer together on valuations and more buyers are approaching targets directly in lieu of bidding wars.

History tells us that post-crisis reforms should increase confidence, but still allow regulated entities to innovate and prosper, all in support of a stronger economy.

Bank of Nova Scotia and Bank of Montreal, Canada's first two lenders to report third-quarter results, beat analysts' estimates after posting profit fueled by record results in Canadian banking.

Webster Financial in Waterbury, Conn., has promoted one of its executives to run its personal bank operations.

Former JPMorgan Chase & Co. trader Javier Martin-Artajo was arrested in Madrid, almost two weeks after U.S. prosecutors charged him with trying to hide trading losses that cost the bank more than $6.2 billion last year.

Suburban Chicago business owner Daniel Dvorkin had just been ordered to pay more than $8 million to a debt collector last year when he took a lucrative but deadly proposition to a gun shop owner he knew, according to prosecutors.

The Federal Reserve appeal of a judge's decision invalidating its interchange fee cap forestalls the prospect of a substantial cut in bank’s debit card revenue.

Hamilton State Bancshares in Hoschton, Ga., has agreed to buy Cherokee Banking in Canton, Ga.

SBT said Monday that Richard Sudol will succeed Anthony Bisceglio, who is retiring from the $382 million-asset company.

The Financial Crimes Enforcement Network will continue discussions with the Bitcoin community after meeting with the Bitcoin Foundation and a host of regulators and law enforcement officers in Washington D.C. today.

The longtime chief operating officer at Bank of the Ozarks (OZRK) in Little Rock, Ark., is retiring.

WASHINGTON — The Consumer Financial Protection Bureau named new senior staff in four different divisions Monday.

U.S. Century Bank in Doral, Fla., has gained a pair of new investors and lost two others in the latest chapter of the struggling bank's $50 million recapitalization plan.

Michael Coyne, co-head of litigation for JPMorgan Chase, will become general counsel at Union Bank. He is the latest senior executive to depart JPMorgan as its legal and regulatory troubles mount.

The company, which lost millions of dollars after straying from core banking, has returned to its roots as a traditional banking around Philadelphia.