American Express Co., the biggest U.S credit-card issuer by purchases, said second-quarter profit rose 37 percent as customers increased spending and the company booked a $1 billion gain from the sale of its Costco Wholesale Corp. portfolio.

BankUnited in Miami Lakes, Fla., on Wednesday reported higher quarterly profits, driven in part by an uptick in fee income from equipment-lease financing.

Establishing a set of standards of practice for chief risk officers and others would help benchmark the quality control for managing risk in the financial services industry.

Panic around energy lending has subsided somewhat as oil prices have climbed and banks have reduced their overall exposure. But expect more trouble ahead if prices level off.

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.

Profit improved at both BBCN Bancorp and Wilshire Bancorp in the second quarter, about two weeks ahead of the closing date for the Los Angeles companies' merger.

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.

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.

Hawaiian Electric Industries has nixed a plan to spin off its American Savings Bank subsidiary after utility regulators rejected Hawaiian Electric’s sale to an out-of-state energy company.

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

Over the past two years, regulators have issued several proposals as part of efforts to make capital rules simpler, but the initiative should be more streamlined and allow more public input.

The best way to navigate through a rough patch is to proactively communicate with employees, says Mariner Kemper, chairman and chief executive of UMB Financial in Kansas City, Mo., which last fall overhauled its executive team and announced a major initiative to control costs.

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?

Valley View Bancshares in Overland Park, Kan., is planning to replace its longstanding practice of having multiple bank charters.

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.

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.

The $140 billion-asset company disclosed Thursday in a regulatory filing that the Federal Reserve Board downgraded its Community Reinvestment Act rating to "needs to improve."

The $1.5 billion-asset Equity said in a press release Thursday that it will pay $68.8 million in cash and stock for the $475 million-asset parent of Community First Bank.

That’s the message that two funds have for directors of Commonwealth Business Bank in Los Angeles.