Two troubled banks were sold through bankruptcy auctions this month, and another is expected next week. The much-discussed recapitalization method has only recently gained traction.

Michael Larrowe, promoted to CEO of Cardinal Bankshares after a shareholder revolt capped a chaotic past year, is working to rebuild the company and its ties to the community.

Anne Doss has been put in charge of the personal and small-business insurance division at Wells Fargo, which has built up its insurance operation through acquisitions.

First PacTrust Bancorp (BANC) in Irvine, Calif., raised $43.1 million from the sale of senior notes.

Banco Português de Investimento, also known as Banco BPI and one of Portugal's biggest banks, is seeking regulatory approval to open a branch in Newark, according to state documents.

NCO Financial Systems Inc. plans to expand its call center operations in South Carolina.

A key investor in Webster Financial is reducing its stake in the Waterbury, Conn., company.

DCB Financial Corp. (DCBF) said Thursday it completed a sale of common stock to existing shareholders and local investors that netted $13.2 million in funds.

Capitol Bancorp had to postpone a bankruptcy hearing because, it says, the Federal Deposit Insurance Corp. repeatedly blocked it from paying the due-diligence costs of its new investors.

Capital One has grown its commercial and industrial loans by double digits over the past year, but CEO Richard Fairbank is prepared to pull back if the battle for business clients becomes any more intense.

Two fans will be headed to the Super Bowl in New Orleans thanks to EverBank Financial, whose CEO, Robert Clements, is a Big Easy native who loves football.

First Business Financial Services in Madison, Wis., will raise up to $25.3 million through a common stock offering.

TD Bank Group has agreed to buy asset management firm Epoch Holding (EPHC) for $668 million in cash, giving the Canadian company the U.S. asset manager it had been looking for.

Federal securities regulators have charged a Wells Fargo (WFC) investment banker with fostering an insider-trading scheme that netted at least $11 million.

Bank profits reached a six-year high in the third quarter — and the increase in the bottom line wasn't just coming from declining provisions for loan losses.

Put aside the "doom and gloom" about the fiscal cliff and focus on the things banks having going for them in the long run, BB&T CEO Kelly King urges.

The Treasury Department raised more than $7 million from the sale of nearly 5.8 million warrants to purchase common stock in Zions Bancorp. (ZION).

Pacific Premier Bancorp (PPBI) in Costa Mesa, Calif., will raise roughly $30 million through a public offering of common stock.

BB&T in North Carolina and EverBank in Florida plan to focus primarily on integrating what they have already bought and organic growth, their CEOs said Wednesday.

New York's top financial services regulator is requiring the mortgage servicer to install a monitor for two years to oversee the company's practices, the state's Department of Financial Services announced Wednesday.