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Pamela Joseph, U.S. Bancorp's vice chair of payment services and a ten-year veteran of the Minneapolis-based bank, plans to retire in mid-2015.

Bankwell Financial Group in New Canaan, Conn., didn't have to look far to find a permanent leader.

Bank of America said former Chairman Charles O. Holliday is leaving the board of directors along with Clayton S. Rose.

WASHINGTON — A new report finds that credit union lending hit record levels last year thanks to more consumers taking advantage of low loan rates at credit unions and continued improvements in the economy.

Deutsche Bank's U.S. division has hired JPMorgan Chase executive Jeff Urwin to head its corporate finance activities and co-head its corporate banking and securities business.

A senior regulatory official on Wednesday continued the alarm bell over the brisk growth in auto lending, suggesting that some lending terms could be setting up banks for trouble.

JPMorgan Chase executives used an annual investor gathering to hammer home their arguments why the company's sum is more valuable than its parts and to promise investors that they will keep slicing costs.

Lending Club lost $9 million in the fourth quarter, hurt by expenses tied to its highly publicized initial public offering and by other costs.

First Niagara Financial Group in Buffalo, N.Y., overstated its allowance for loan and lease losses from the middle of 2013 through the end of 2014 and may restate earnings for the period.

American Banker’s Index of Banking Activity hit a three-year low in January as falling oil prices and harsh winter weather tamped down borrowing.

Busting up JPMorgan Chase would result in a collection of financial services companies with higher back-office costs, more divided capital and less power to be a world leader, the company's CFO said Tuesday.

A disappointing 2014 for HSBC has CEO Stuart Gulliver considering "extreme" changes at its U.S. bank and other struggling units, which he said are a drag on return on equity.

KEY WEST, Fla. — Keys Federal Credit Union, which was placed into voluntary conservatorship by NCUA in September 2009, announced that it generated "improved performance" in 2014 by "focusing on greater efficiency and consumer lending."

Citigroup Inc. said Manuel Medina-Mora, the bank's co-president and head of global consumer banking, will retire on June 1.

Fannie Mae reported net income of $14.2 billion last year, a sharp decline from the record $84 billion in 2013 that was inflated by accounting for tax credits.

Bank of Edwardsville in Illinois is set to have a new leader.

The OTC Markets Group has opened up its community bank marketplace to privately held institutions, offering a chance for investors to monetize their holdings without selling the bank.

Veteran retail banking executive Deanna Oppenheimer has joined the mobile identity-authentication vendor Finsphere as a strategic adviser.

Several Korean-American banks are entering markets and businesses designed to target mainstream clients and other ethnic groups. Such moves are viewed as a way to improve the bottom line as revenue growth proves daunting.

Citigroup will commit $100 billion to help reduce the effects of climate change over the next 10 years as part of a new sustainability initiative.