JPMorgan Chase (JPM) must defend itself against allegations that it charged millions of dollars in improper fees to mortgage borrowers who were in default, a federal judge has ruled.

Social channels may encourage complaints, but it is in banks’ best interests to publicly demonstrate they are fixing the problem.

Bank of America (BAC) rewarded staff with cash bonuses and gift cards for meeting quotas tied to sending distressed homeowners into foreclosure, former employees said in court documents.

EUGENE, Ore. – Fast-growing Northwest Community CU will break ground Monday on a new 67,000-square-foot headquarters, which will provide one-third more space than its current offices.

To keep costs down, insurers are exercising their right under the Affordable Care Act to insist consumers pay their premiums via automatic bank withdrawal. The Department of Health and Human Services is scrambling to make insurers accept plastic.

Ocwen's agreement to buy $78 billion in mortgage servicing rights from OneWest is part of a string of deals by it and other nonbanks meant to wring value from remnants of the mortgage meltdown that many banks seek to unload.

A recap of the informed opinions (and the discussions they generated) on BankThink and AmericanBanker.com this week.

Rough calculations reveal that the Greensboro, N.C., company could be pledging nearly $2 million in tangible common equity to back Security Savings' assets.

A growing number of multibank holding companies have decided that cutting costs is more important than having a local face in certain communities.

Straightening out bad actors is fine, but it won’t resolve the inconsistencies and consumer confusion about overdraft protection cited by the Consumer Financial Protection Bureau.

Bankers defended force-placed insurance practices and dodged questions about alleged industry kickbacks and price gouging at a private but well-attended meeting hosted by the Federal Housing Finance Agency.

The nation's highest court is expected to announce Monday whether it will hear arguments in a case with the potential to dramatically lower banks' exposure to allegations of lending discrimination.

The $625 million-asset BNCF Financial will pay about $5 million in cash for the $75 million-asset Wilton. BNC Financial said it expects no tangible book value dilution after the deal is completed.

The public's confidence in U.S. banks is up five percentage points from a year earlier, to 26%, according to a poll released Friday by Gallup.

F.N.B. Corp. in Hermitage, Pa., has agreed to buy BCSB Bancorp in Baltimore in a stock transaction valued at $79 million, or $23.77 a share. The acquisition is the company's third in less than eight months.

Debt buyer Encore Capital Group Inc. on Thursday closed its $200 million acquisition of Asset Acceptance Capital Corp. All subsidiaries of Asset Acceptance are part of Encore Capital and Asset Acceptance’s stock, NASDAQ ticker symbol AACC, has been delisted.

Federal regulators must not rely on standard measures of differences between outcome rates without considering the way those measures change simply because the frequency of an outcome changes.

Washington Trust Bancorp in Westerly, R.I., has tapped one of its executives to become head of wealth management at its bank.

Prudential Bancorp in Philadelphia is planning a second-step conversion.

Visa sued Wal-Mart in a bid to stop the world's largest retailer from filing a lawsuit to press price-fixing claims over merchant swipe fees.