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Profits rose nearly 3% at Discover Financial Services in the second quarter thanks to solid loan growth and a one-time tax benefit.

The best thing about second-quarter results so far is that the bigger banks met or beat low earnings-per-share expectations. Otherwise they were challenged on many fronts, including revenue, expenses and margins.

The investment banking firm's GS Bank unit has added a large number of consumer deposits since spring, but its success hasn't been cheap.

Mercantile Bank Corp. in Grand Rapids, Mich., announced Tuesday that Michael Price plans to retire as president and chief executive at the end of the year after a decade at the helm of the company.

The three custody banks had been projected to post weak second-quarter results because of a lull in foreign exchange trading. Then Brexit happened, and everything changed.

Truliant CEO earns local accolades and other credit union professionals in the news.

H. Rodgin Cohen has just about seen it all over his decades of work advising bankers. The well-known lawyer looks at existing issues for banks while reflecting on past mergers that paid off for their participants.

Synovus Financial in Columbus, Ga., reported higher second-quarter earnings on solid growth in revenue and loans for investment properties.

Surging revenue from consumer lending, including auto loans and mortgages, offset credit problems from the energy sector in the second-quarter results of Regions Financial in Birmingham, Ala.

Comerica reported improvement in its energy-loan portfolio in the second quarter but charges related to a broad corporate restructuring took a bite out of overall profits.

Sam Cook, who served in various roles at Central Trust Bank in Jefferson City, Mo., since the Truman administration, has died.

Citizens Financial Group in Providence, R.I., has named Mary Ellen Baker head of business services.

Mortgage originations typically surge in a low-rate environment. Second-quarter reports should show an uptick in fees from selling those loans, but what will bankers say about the rest of this year?

The financial reform alternative proposed by Rep. Jeb Hensarling would allow bankers to be bankers rather than be so focused on regulatory compliance.

Bank of America, the second-biggest U.S. bank by assets, said second-quarter profit fell 21% as it took an accounting charge and posted a decline in wealth management revenue.

The $348 million-asset bank said in a press release Friday that Cuy Mauck will also become president when Roger Kepley retires in January.

Citigroup executives were at pains to explain the benefits and challenges of a new partnership with Costco that has netted the bank millions of new credit card customers but also added to its cost burden in the second quarter.

The San Francisco bank reported a 17% drop in mortgage fee income during the second quarter as other lenders made inroads by refinancing its customers.

It's liable to be an uphill climb as banks try to boost revenue and hold profit steady over the rest of the year. Here's why.

Risk management is not limited to assessing potential successes and failures of everyday business. Strategic risk management is just as important.