Earnings at Wilshire Bancorp (WIBC) soared in the fourth quarter after the Los Angeles company opted not to set aside funds for problem loans.

Hanmi Financial in Los Angeles reported strong quarterly results Thursday as it continues to explore a possible sale or merger.

Revenue from mortgage banking boosted profits at Taylor Capital Group in the fourth quarter.

Increased lending boosted quarterly results at Sandy Spring Bancorp in Olney, Md.

A recent BankThink post bemoans the one-size-fits-all application of Basel III. But the reason capital rules have become so sweeping is that banks have become bigger, more complex and more connected to the global economy.

JPMorgan Chase, the lender that lost more than $6.2 billion last year from wrong-way bets on credit derivatives, named Cindy Armine as chief compliance officer.

Wells Fargo (WFC) was accused in a lawsuit of mishandling the investments of a collateralized-debt obligations vehicle created by WestLB, a German state-owned bank that was bailed out and dissolved following the 2008 financial crisis.

The Consumer Financial Protection Bureau and Federal Trade Commission are weighing new restrictions on how debt collectors may use social media websites like those run by Facebook and Twitter to contact potential debtors.

Loans and refinancings propelled Eagle Bancorp (EGBN) in Bethesda, Md., to its 16th consecutive profitable quarter.

Some of the nation's biggest lenders said that savings from firing consultants doing foreclosure reviews would largely cancel out the cost of direct compensation to borrowers.

Cathay General Bancorp (CATY) in Los Angeles reported earnings that were below expectations after expenses rose.

The nation's second biggest bank by assets said Wednesday that it has named Arnold Donald, a former chief executive of Merisant, and Lionel Nowell 3rd, a former treasurer at PepsiCo, directors.

Citigroup is widening regional responsibilities for one of its business bankers. The company's commercial banking arm said Wednesday it has named Shawn McGowen president of the unit's central region.

General Electric (GE) has agreed to settle a lawsuit charging it with wrongdoing in the sale of securities backed by residential mortgages.

A lawsuit by the state's Democratic attorney general alleges that the oft-criticized mortgage assignment system deprived Kentucky of recording fees and shrouded property records in secrecy.

Banner Corp. (BANR) in Walla Walla, Wash., reported higher than expected earnings because of a surge in mortgage-banking income and service fees.

Loans and fees lifted Community National Bank in Great Neck, N.Y., in the fourth quarter.

Following bankers' positive reaction to the bureau's QM regulation, industry observers are optimistic about the prospects for added flexibility in the QRM rules that will follow.

Two dozen former mutual thrifts, including OmniAmerican, have reached or are nearing the end of a three-year ban from selling themselves. Let the M&A chatter begin.

Flushing Financial in Lake Success, N.Y., is set to convert to a bank.