The Justice Department has added a former executive at Countrywide to a lawsuit that accuses Bank of America (BAC) of causing billions of dollars of losses to Fannie Mae and Freddie Mac.

U.S. Bancorp has promoted longtime executive Chris Heman to market president for the state of Washington.

Capital One (COF) announced Friday that longtime chief financial officer Gary Perlin will retire in May and will be succeeded by Stephen Crawford, an outside advisor to the McLean, Va.-based credit-card issuer.

Signature Bank's CEO, Joseph J. DePaolo, answers the skeptics

TD Bank dispenses with the celebrities and builds a new ad campaign around the customer experience.

Consolidation has left one of the nation's most crowded banking markets without a dominant local player. But a handful of hometown banks, including Ed Wehmer's Wintrust Financial along with PrivateBancorp, MB Financial and First Midwest Bancorp, look to be in a good poisiton to pursue the mantle.

The banking industry's appetite for municipal debt has been on the rise, but it's mostly small institutions that are doing the splurging, leaving the typical small bank with a far bigger allocation to munis then the typical large bank.

The drain from construction loan portfolios has slowed, and other categories of commercial property loans have notched gains in recent periods.

James Abbott, recently named the best investor relations professional for mid-cap banks, understands what analysts need to know about Zions because he used to be one of them.

Northfield Bancorp (NFBK) in Woodbridge, N.J. has promoted a senior executive to become its president.

Young hipsters aren't the only ones who want to conduct business with mobile phones. The underserved are also heavy smartphone adopters, and likely to use them for banking and payments.

U.S. banks have shed tens of thousands of jobs in recent years. Still, even those that are pruning staff in some areas are ramping up in specific business lines or markets to generate new revenues. Here's a look at who's hiring and where.

As banks press ahead in introducing mobile services, glitches abound. But many see phone-based banking as a game-changer as customers embrace the technology, warts and all.

A Senate panel is said to be looking into warnings by a former trader at JPMorgan Chase months before his bets ballooned into a $6 billion loss for the company.

Robert Scully, a former top executive at Morgan Stanley, said he will leave the Bank of America board when his term expires.

Add First Baldwin Bancshares in Foley, Ala., to the list of companies turning to bankruptcy as a way to stabilize banking units.

TCF Financial in Wayzata, Minn., continues to take heat over efforts to comply with U.S. laws that govern transactions with Iran.

Profits at the prepaid card issuer Green Dot (GDOT) fell sharply in the fourth quarter but still came in higher than analysts had expected.

Fifth Third Bancorp (FITB) has agreed to buy a credit card portfolio from Quad City Bank & Trust.

By and large, banks that operate in states with high deposit rates should also benefit from increased lending activity, a study finds.