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The energy sector downturn took a big bite out of quarterly earnings at Cullen/Frost Bankers in San Antonio.

Banking's top trade groups sent a letter to Congress asking lawmakers to intervene and stop a plan by the National Credit Union Administration to expand field of membership for federal credit unions.

Santander Consumer USA Holdings on Wednesday reported a sharp drop in profits, due to losses tied to its exit from personal lending.

Royal Bank of Scotland Group took a surprise 3.6 billion-pound ($5.2 billion) hit to the value of its assets and set aside more money for past misconduct, limiting Chief Executive Officer Ross McEwan's ability to return capital to shareholders.

Banco Santander SA built up capital in the fourth quarter, easing investor concern about its ability to bolster buffers, as Spain's largest lender booked charges that wiped out profit.

State Street reported a 17% increase in fourth-quarter profit as it cut expenses, offsetting a decline in revenue.

The $649 million-asset holding company for Malvern Federal Savings Bank promoted Karen Walter to chief operating officer.

Capital One Financial's fourth-quarter profit fell short of projections as the McLean, Va., company boosted its reserves in anticipation of higher loan losses.

Trustmark in Jackson, Miss., reported lower quarterly profit after a decline in deposit service charges and mortgage banking offset loan growth and reduced expenses.

Fintech is a chic topic at Davos, but it's barely a blip on the radar of analysts who lock in on hard numbers during earnings calls. Yet with tech taking a bigger role in financial services, mobile banking or the blockchain might soon become as topical as efficiency ratios or net interest margins.

More than half of the deals announced so far this year have involved sellers from the Midwest. Expect activity in the region to rise as more banks mimic Huntington Bancshares and Chemical Financial by becoming acquirers.

Flagstar Bancorp in Troy, Mich., said its fourth-quarter profit rose 20% to $33 million from a year earlier as its lending rose by nearly half and its expenses fell.

ServisFirst Bancshares in Birmingham, Ala., has entered the Florida’s Tampa Bay area after hiring the former chief executive of Bay Cities Bank.

Two chief executives win accolades while three officers are promoted to the C Suite and other CU professionals in the news.

Twitter Inc. named Leslie Berland chief marketing officer as it undergoes a major overhaul of its top ranks in an effort to reboot growth.

Too many institutions focus on time-wasting tasks that divert their attention from how to stay relevant in a rapidly changing banking environment.

Cheryl Vickers, who served for years as VP of accounting for Houston Police Federal Credit Union, was convicted of embezzlement that occurred for approximately 18 years.

Steve Streit, who founded the prepaid card pioneer in 1999, is taking fire from an investment firm that owns 6.2% of the company.

Zions Bancorp. in Salt Lake City posted a big increase in quarterly earnings despite increasing its loan-loss provision to account for energy-related exposure.

The $13.8 billion-asset company said Monday after the market closed that it earned $21.2 million, down roughly 26% from a year earlier.