First PacTrust in Los Angeles plans to become to Banc of California, effective July 16.

The Federal Trade Commission has settled with five companies charged in a joint law enforcement sweep last year that involved millions of illegal pre-recorded robocalls claiming to be from “Rachel” and “Cardholder Services” and pitching credit card interest rate reduction services.

First Bank in Hamilton, N.J., has agreed to buy Heritage Community Bank in Randolph.

MB Financial has agreed to buy Taylor Capital Group. The deal would create one of the largest banking companies in Chicago.

Future banking will feel more like a medical relationship, serving customers with the intimacy and attention of the family doctor. This will require a Hippocratic-oath level of trust.

What products and services will tomorrow's banks offer that truly add value and that customers will be willing, even happy, to pay for? We asked contributors to think big and broad.

Citigroup Inc., the third-biggest U.S. bank by assets, posted a 42 percent increase in second-quarter profit that beat analysts' estimates as stock-trading revenue surged and losses on unwanted assets declined.

M&A, bank consolidation and marketing strategies are among the reasons why a number of banks have changed their names in recent months. Here are some notable examples from this year.

WINSTON-SALEM, N.C. – Allegacy FCU will open a new office in a remodeled former Blockbuster Video building in Winston-Salem this morning.

FBC Bancshares in Conroe, Texas, has raised $13 million in a debt offering.

Delays in foreclosures — and in reimbursements to banks — are buying the beleaguered Federal Housing Administration more time to build its cash reserves.

JPMorgan Chase's leaders on Friday rebuffed questions about the widespread problems in their credit card debt collections operations — and about what they are doing to fix them.

Republic Bancorp (RBCAA) of Louisville, Ky., hopes a deal for a small thrift owned by H&R Block will help it rebuild momentum it has lost in recent years.

Wells Fargo set another profit record in the second quarter, but analysts wonder how long the streak can continue.

The largest U.S. bank's forecast of a steep decline in mortgage volume and continued regulatory uncertainty raised alarm bells about the whole industry. Possible growth in credit cards offered a ray of hope.

Eliot Spitzer wants to return to New York politics, and says he's gunning for the dual chairman/CEO roles at banks including JPMorgan Chase. CEO Jamie Dimon and others responded diplomatically on Friday.

A new survey of risk managers in financial services points to stability in the auto finance sector ahead of other lending categories.

Bitcoin exchange Coinbase will offer instant purchases for users that supply identity information, with others having to wait four days for transactions to complete.

Great Southern Bancorp in Springfield, Mo., is closing 11 branches in a bid to cut costs.

Profits rose at Webster Financial in Waterbury, Conn., on strong fee income and cost controls.