The Federal Reserve Board has taken action against the U.S. branch of Germany's Commerzbank for failing to comply with anti-money-laundering regulations.

First Niagara Financial (FNFG) in Buffalo, N.Y., surpassed Wall Street's expectations for the third quarter as loan growth compensated for sliding mortgage banking fees.

Capital One has hired Citigroup veteran George Revock to lead its alternative energy and project finance group.

Huntington Bancshares’s efforts are paying off. It finally reached a 2013 goal of achieving positive operating leverage by cutting jobs, closing branches and reducing marketing and legal expenses.

East West Bancorp (EWBC) in Pasadena, Calif., reported a small rise in quarterly profit because of loan growth.

JPMorgan Chase plans to disband a group tasked with suing consumers to collect delinquent debts, according to former employees and others who were told about the change. The move comes two years after the bank ceased filing collections suits amid scrutiny of the accuracy of its records and court filings.

M&T Bank (MTB) in Buffalo reported flat quarterly earnings that still meet Wall Street’s expectations.

TransUnion has offered $90 million in cash and $15 million in stock to buy bankrupt data firm TLO, a Boca Raton-based company.

Umpqua Holdings (UMPQ) in Portland, Ore., posted lower quarterly earnings after mortgage-related fees fell.

Renasant (RNST) in Tupelo, Miss., posted lower quarterly earnings tied to its purchase of First M&F in Kosciusko, Miss.

The activist investor had vowed to wage a proxy battle next year against Malvern Bancorp unless it addressed concerns about shareholder value

KeyCorp (KEY) reported higher third-quarter profit after recording a gain from the sale of its investment management and broker-dealer units.

Acquisitive banks have frequently used the "accretive to earnings" pabulum to sway shareholders and justify overpriced transactions. This has created an illusion of acquisition value that is detrimental to the market.

Municipal Employees Credit Union in Baltimore has received approval from the National Credit Union Administration to buy a bank.

The Troy, Mich., bank's agreement to buy the four remaining bank units of Capitol Bancorp in a bankruptcy auction would strengthen its Midwestern profile, but it has to accept two far-flung units and navigate some tricky regulatory issues to get the deal done.

Malvern Bancorp (MLVF) in Paoli, Pa., expects to report another quarterly loss after selling a block of problem loans and repaying Federal Home Loan Bank advances.

Revenue at Citi's North American retail bank fell 35% year over year and officials warned that lower mortgage originations and continued spread compression would crimp revenues in the fourth quarter, and perhaps beyond.

Washington Federal (WAFD) in Seattle attributed its strong third quarter to economic improvements in the eight states in which it operates.

A breakdown of M&A announcements in the financial services industry for the week ended Oct. 12

Toronto-Dominion Bank is thinking of making a play for Royal Bank of Scotland’s Citizens Financial Group, according to a report published Sunday.