NCO Group Inc., a global provider of business process outsourcing services, announced Monday that Steve Leckerman, executive vice president and chief operating officer, will leave the company by Oct. 31 to pursue other opportunities. Leckerman joined NCO in 1995 and was named COO in 2007.

The board at Cardinal Bankshares Corp. responded Thursday to a series of demands by Douglas Schaller, rejecting the activist shareholder's assertion that the company should sell itself.

Forget the crumb of good news in the jobs report. The economy is getting worse, not better. It's time to waive the white flag and lower your price tag unless you are a strong bank.

BancorpSouth Inc. said late Thursday that it is selling a pair of Texas branches to First National Bank of Hughes Springs in Texas.

VeriFone finished its purchase of the rival terminal maker Hypercom after it reached a settlement with the Justice Department to sell Hypercom's U.S. terminal business to the private-equity firm Gores Group.

Agency unveils new pilot program for smaller investors wanting to bid on loans.

Aided by two acquisitions and sharply lower deposit costs, BankFinancial Corp. in Burr Ridge, Ill., swung to a profit of $1 million in the second quarter from a loss of $288,000 in the same period last year.

Cardinal Bankshares' biggest outside shareholder is hopping mad over an act that normally gives investors comfort: succession planning.

The number of deals rose slightly in the second quarter, but take away big acquisitions by PNC and Capital One and the value of them fell.

ING Group NV said Thursday it wants to talk to the European Commission to discuss alternative options for a Dutch banking unit it has had trouble finding a buyer for.

A possible deal between bank technology vendors Fidelity National Information Services and Misys has fallen through after the companies failed to agree on price.

Congress has expressed deep concern about the regulatory control of banks, yet at the same time wants banks to aggressively finance business and economic growth.

The payments technology vendor said its agreement to combine with S1 remains in effect as it reports a 16.4% increase in second-quarter revenue.

American Express Co. has told Industrial & Commercial Bank of China Ltd. it will keep its stake in the lender after entering into a contract to hedge fluctuations in the stock price, Reuters reported Wednesday citing a source with direct knowledge of the matter.

Payments technology vendor Fundtech Ltd.'s second-quarter revenue rose 16.4% from a year earlier to $40.5 million as it closed 130 new deals and added 14 new bank clients.

Fulton Financial said the directors of its $2 billion-asset The Bank in Mt. Laurel and its $1.37 Skylands Community Bank in Chester have agreed to merge.

Amid industry consolidation, PrimeVest Financial Services Inc. has enjoyed growing success over the past few years in signing its bank partners to longer contracts.

FNB United in Asheboro, N.C., has finished raising the $310 million of capital it needs to move forward with its plan to acquire another North Carolina bank.

Hampton Roads Bankshares Inc. in Norfolk, Va., has sold its insurance business as part of its ongoing effort to reduce overhead and streamline operations.

Debt buyer Encore Capital Group Inc. financial results for the second quarter showed gains in revenue, net income and gross collections, according to an SEC filing.