Bank of Virginia (BOVA) in Midlothian is seeking more capital to fuel bank acquisitions following a prolonged restructuring.

Five years after embarking on a path to become a bank holding company, specialty lender CapitalSource is almost there. Tad Lowrey, the CEO of CapitalSource Bank, thinks the Fed will approve an application next year, now that company is "smaller, simpler and cleaner."

Bank of America (BAC) is in "advanced, exclusive discussions" about possibly selling its non-U.S. wealth management unit to Julius Baer for $1.5 billion to $2 billion, CNBC reported Monday.

Center Bancorp (CNBC) of Union, N.J., has taken another step in its plan to bulk up in northern New Jersey.

State regulators closed banks in Georgia, Florida and Tennessee on Friday, making June a busy month for failures.

Deal for Piraeus' Marathon Banking unit in U.S. satisfies Investors' M&A ambitions in New York for now, CEO Kevin Cummings says.

As with housing, different bank markets across the country have crashed and recovered at different speeds. Measured by institutions with high Texas ratios, stress has tapered quickly in states like Washington and California, but remains elevated in Georgia, Illinois and Florida.

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Residential Capital LLC rejected an offer from Berkshire Hathaway Inc. (BRK/A), the holding company run by billionaire Warren Buffett, to be the initial bidder in proposed auctions of ResCap’s most valuable assets.

A Dallas-area investment group has applied to become a bank holding company so it could acquire a small bank outside of Austin.

Community bank Investors Bancorp Inc. agreed to acquire Piraeus Bank S.A.'s Marathon Banking Corp. unit for $135 million in cash, a move that doubles its presence in New York.

More banks may decide to sell if they conclude Congress will not renew the capital gains tax cut, Deloitte's Sharon Weinstein says.

A planned merger between two southern California banks has yet to close a year after the deal was announced because regulators have yet to approve it.

The more than $500 million that investors pumped into banks in the Tar Heel State has turned marginal players into consolidators, provided a way to absorb failures and instilled new discipline.

A half billion dollars in PE funding has breathed life into North Carolina banking, raising questions about whether community bankers nationwide should be teaming up with Mitt Romney's old industry.

Crestmark Bancorp of Troy, Mich., has purchased the working capital loan portfolio from First Citizens Bank and has entered into partnership with the Raleigh, N.C., company.

In what would be its first acquisition since its founding in 2007, fast-growing First Virginia Community Bank has agreed to buy 1st Commonwealth Bank of Virginia.

A fight between ECB Bancorp in North Carolina and the Gibbs family foreshadows clashes at many community banks between today's managers and ownership interests from yesteryear.

Sallie Mae has introduced new rewards for its relaunched Upromise World Mastercard, which is now issued by Barclaycard US.

A shareholder group that includes a former ECB director has urged directors of the Engelhard, N.C., company to remove Dwight Utz as president and chief executive.