Wells Fargo (WFC), the largest U.S. home lender, said second-quarter profit climbed 19 percent as the company clamped down on expenses.

JPMorgan Chase (JPM), the largest U.S. bank by assets, reported a 31 percent increase in second- quarter profit that beat analysts' estimates as revenue from trading stocks and bonds climbed.

ARVADA, Colo. – Sooper CU will break ground next week on a 4,000-square-foot branch here that will allow the credit union to remodel the existing branch to better serve as its corporate office.

RICHLAND, Wash. – Gesa Credit Union has begun construction on two branches, one to replace an existing facility in Pasco, the other a new service center in Richland.

Taylor Capital Group (TAYC) in Chicago plans to retire one-quarter of its Troubled Asset Relief Program stock that the Treasury Department auctioned to private investors last June.

Senate Majority Leader Harry Reid is weighing whether to change Senate filibuster rules if Republicans do not allow a vote on the nominations of Richard Cordray to the CFPB and six other Obama administration appointees.

Independent Bank (INDB) in Rockland, Mass., reported a jump in second-quarter profit as interest revenue and fee income rose.

Republic Bancorp (RBCAA) is increasing its stake in the tax refund services business by buying the banking operations of H&R Block (HRB).

House Republicans unveiled plans to unwind Fannie Mae and Freddie Mac that would largely remove the government from the housing market and restructure the FHA.

The Federal Reserve Board has terminated a regulatory order with Waterstone Financial in Wauwatosa, Wis.

Rocky Wirtz's championship NHL team, the Chicago Blackhawks, gets more press than his community banks, but they make more money.

The Consumer Financial Protection Bureau finalized clarifications to its ability-to-repay and mortgage servicing rules Wednesday that include what lenders can use to calculate a borrower's debt-to-income ratio.

Opus Bank in Irvine, Calif., is establishing a merchant-banking division led by two banking veterans.

Ask Roberto Herencia, the new chairman of Metropolitan Bank Group, about its well-placed ATM near one of the Windy City's most popular bars, and he'll probably smile.

Leslie Godridge, a corporate lending executive at U.S. Bank, was recently honored at a Wall Street fundraiser by the UJA-Federation of New York for her work in the arts and with Junior Achievement.

Fidor Bank AG, of Munich, has agreed to help Bitcoin Deutschland GmbH, an exchange operator, to speed trading of bitcoins and comply with regulatory requirements.

F.N.B. Corp. (FNB) in Hermitage, Pa., is establishing a regional headquarters in downtown Cleveland.

The $857 million-asset company tapped Jerry Rexroad to succeed John Russ, a company spokeswoman said on Thursday. Rexroad has been chairman and CEO of affiliate Crescent Mortgage.

Technology is among the biggest expenses for small banks, so it is important for managers to read the fine print before finalizing a contract.

Signature Bank in New York City has lured a group from HSBC as it continues its private-banking push.