RBS Citizens Financial Group has hired JPMorgan Chase executive Michael J. Cleary to head its U.S. distribution for consumer banking.

M&T Bank in Buffalo and Comerica in Dallas have increased lending, but M&T is profiting more because of an important investment decision it made last year.

KBW named 42 small banks it says will have loan growth that far outpaces their peers and the overall economy next year. But half of them probably won't translate that into big profits.

The industry must work much harder to restore its reputation after this year's scandals, HSBC USA CEO Irene Dorner said Tuesday, in a speech that was part rally and part reprimand to bankers.

American State Bancshares in Great Bend, Kan., has taken a small step towards its goal of becoming a $1 billion-asset company.

Shares for M&T Bank Corp. (MTB) rose Wednesday after the Buffalo, N.Y., company reported that third-quarter income climbed 66%, to $273.9 million, from a year earlier.

He's the former head of Citi Holdings. He's a former Harvard University football star who was recruited by the National Football League. Now, at age 52, Michael Corbat is Citigroup's new chief executive officer.

Nonbank competitors are forcing financial institutions to utilize new skills sets. Conservative thinkers must now be imaginative, followers must become visionaries and the risk adverse must embrace uncertainty. Here's how to develop a forward-looking strategy in the changing landscape.

Third-quarter earnings rose more than 19% at Comerica (CMA) in Dallas from a year ago but fell short of expectations.

Bricks-and-mortar locations aren’t yet obsolete. Leading banks are responding to changing consumer demands by developing specialized branch formats, increasing their focus on advice and emphasizing proactive engagement with customers.

Bank of America Corp., the second- largest U.S. lender, said third-quarter profit dropped 95 percent on litigation expenses and an accounting charge tied to the firm's debt.

Strong net interest income helped Wintrust Financial (WTFC) overcome rising labor expenses and smaller gains on failed-bank acquisitions.

PNC Financial Services Group Inc. (PNC), the seventh-largest U.S. bank by deposits, fell 4% after reporting a third-quarter profit that missed analysts' estimates.

Pacific Premier in Costa Mesa, Calif., needed more deposits to make more loans, so it took advantage of its rising share price to strike a deal for First Associations Bank in Dallas, which holds deposits for homeowners associations.

Fast-growing State Bank and Trust in Macon, Ga., has purchased substantially all of the assets of Altera Payroll, a payroll services company, to diversify its revenue stream.

Citigroup CEO Vikram Pandit resigned effective immediately on Tuesday, the third-largest bank said on Tuesday morning.

A federal appeals court in California has ruled that debt buyer Portfolio Recovery Associates must stop using an automatic dialing system to call cell phones without prior consent.

PNC Financial Services, the seventh-largest U.S. bank by deposits, said third-quarter profit climbed 11 percent as mortgage revenue helped drive an increase in non-interest income.

Pacific Premier Bancorp (PPBI) in Costa Mesa, Calif., has agreed to pay roughly $53.7 million to acquire a niche bank to help fund future loan growth.

A breakdown of bank M&A announcements for the week ended Oct. 13.