Organic growth, dealmaking and innovation are taking a backseat to compliance, bank executives told KPMG in a new survey.

Strong demand for new cars has boosted consumer borrowing to its highest level since 2008, according to a new report from Equifax.

The activist investor claims that D.F. King failed to turn in a master ballot, causing his board candidate to lose an election.

The Federal Housing Finance Agency should require the government-sponsored enterprises to purchase loans with "deeper levels of credit enhancement (via mortgage insurance, lender recourse or capital market investors) in exchange for bona fide reductions in guarantee fees and other loan level charges," the Mortgage Bankers Association said in a new white paper released Monday.

Technology has dramatically changed the way people bank, but many banks areresponding by closing and opening branches rather than arming themselves with data that could make existing branches more efficient.

While many still see Bitcoin as an unrealistic payment method, venture capitalists say there are clear use cases for the decentralized cryptocurrency in micropayments, international remittance and charity.

The $208 million-asset bank has filed an application for the change with regulators, it said last week. Executives wanted to get away from the geographically limiting name, though they plan to keep the bank's headquarters in Lowell.

Citigroup (NYSE:C) is replacing Sanjiv Das, the chief executive of its mortgage unit, with private bank head Jane Fraser.

The best-connected bankers in town combine heartfelt community involvement with hard-headed pragmatism about the importance of personal relationships when doing business. American Banker Magazine Editor Heather Landy discusses what others can learn from their examples.

Huntington Bancshares in Columbus, Ohio, has introduced a new MasterCard for business clients as it seeks to expand its card business.

The $2 billion-asset company in Rockville, Conn., said Monday it plans to repurchase as many as 10% of its roughly 2.7 million shares outstanding.

A federal judge has revived a lawsuit that charges JPMorgan Chase (JPM) with misrepresenting the quality of loans that backed securities sold to Belgian bank Dexia.

Bloomberg LP has hired a consulting firm with significant ties to financial regulators to help review its privacy policies.

Shareholders of OptimumBank Holdings (OPHC) have approved a reverse stock split aimed at preserving the Fort Lauderdale, Fla., company's Nasdaq listing.

Tim Pawlenty, the CEO of the Financial Services Roundtable, says the Consumer Financial Protection Bureau has been forging a "constructive" relationship with the banking industry, especially as it dealt with qualified mortgage and remittance rules.

Enterprise Financial Services has completed the purchase of a mortgage business from F&M Bank and Trust.

Crypto Street, a startup that’s building a platform for trading digital currencies like Bitcoin, is making a point of forging relationships with multiple banks after similar businesses suddenly lost their bank accounts and folded or scaled back.

New York Attorney General Eric Schneiderman is revising his allegations of foreclosure settlement violations by Wells Fargo (WFC) and Bank of America (BAC), resetting the clock on his plans to sue the banks over 339 alleged servicing violations.

Miguel Blesa, a former executive of Caja Madrid, is in Spanish prison after being accused of arranging to buy Florida's City National Bank at an inflated price.

Pacific Mercantile Bancorp (PMBC) has postponed its annual meeting after it discovered that it awarded too many stock option grants to its former chief executive.