U.S. Senator Sherrod Brown (D-Ohio) is pushing Consumer Financial Protection Bureau director Richard Cordray to tighten oversight of the collection industry, including possibly reforming the Fair Debt Collection Practices Act.

Haven Bancorp in Hoboken has agreed to buy Hilltop Community Bancorp (HTBC) in Summit in a merger of New Jersey banks.

The nation's largest home lender is ramping up marketing of a credit card that has helped customers eliminate $50 million of mortgage debt.

McColl Partners, an investment firm formed by retired Bank of America Chief Executive Hugh McColl, could be looking to sell.

The Federal Trade Commission has sued a payment processing business that allegedly assisted and facilitated a telemarketing credit card interest rate reduction scam.

A rise in 10-year Treasury yields and a potential collapse of the bond market has many bankers worrying about exposure to long-term securities.

The Commodity Futures Trading Commission has sued U.S. Bank for its role in the Peregrine Financial collapse, alleging that it failed to properly handle the failed brokerage's customer accounts.

Investors, analysts and reporters have overestimated the Georgia bank's interest in doing M&A deals, chairman and CEO Kessel Stelling says.

The Consumer Financial Protection Bureau appears close to clamping down on fees on account overdrafts and payday loans. That's left some observers fearful low-income consumers will end up losing access to financial services many count on to make ends meet.

Debt buyer Encore Capital Group Inc. set June 13 as the closing date for the $200 million merger with Asset Acceptance Capital Corp.

While face-to-face interactions may be nowhere near the most common banking transaction these days, they continue to have an inordinate influence on how customers think and feel about a bank. We cannot afford to waste them.

Insurers and brokerages have myriad reasons for setting up bank subsidiaries, including lower funding costs and a broader array of customer services. But increased regulatory scrutiny is prompting many to change their thinking. Here's a look at nonbanks that have or are looking to shed bank charters, citing the cost and time commitment related to complying with the Dodd-Frank Act and other obligations.

With the government cracking down on digital currency players such as Liberty Reserve and Mt. Gox, many ask whether it's a move to squash the development of virtual currencies and what action the government will take next.

First Commonwealth Bank in Indiana, Pa., has hired Jane Grebenc as its new president.

The $555 billion-asset Canadian company announced Tuesday that Costello plans to retire as its U.S. country head and as president and chief executive of its BMO Financial unit in Chicago.

QCR Holdings in Moline, Ill., has agreed to sell two branches to Clear Lake Bank & Trust in Iowa.

Lenders and special servicers operating in Nevada may be up for an unpleasant legal surprise if the state's higher court upholds a 2012 ruling that maintains a private sale of property through receivership is basically the same as a foreclosure sale.

Even if Congress passes a comprehensive reform bill, many immigrants eligible for citizenship may never apply because they can't afford the application and legal fees. Banks should loan them the money, activists say.

Robert Braswell is set to become president and CEO of the Community Bankers Association of Georgia just days after retiring as the state's banking commissioner.