An expansion to the south boosted profits at Washington Federal in Seattle in the fourth quarter.

The unexpected departure of the CEO of the nation's biggest Korean-American bank moves comes just days after rival Hanmi Financial announced plans to sell itself.

Fiserv, the third-largest provider of financial services technology on the FinTech 100 ranking, Monday announced it has acquired Open Solutions, a smaller provider of core banking software.

Core banking provider Fiserv will gain 800 bank clients and a real-time platform with its purchase of rival Open Solutions.

The third-largest fintech provider, Fiserv, will gain a real-time core banking platform and a boatload of debt with its purchase of Open Solutions.

Virginia Commerce and Hanmi Financial are mulling sales after turnarounds, decisions that surprise some but could make sense for the select group of banks with just the right balance of size, appeal and reason to sell.

Virginia Commerce Bancorp in Arlington is considering selling itself. The $3 billion-asset company said Monday its board would review various alternatives to increase shareholder value, including a possible sale.

JPMorgan Chase's (JPM) board is expected to dock the bonuses of chief executive Dimon and former chief financial officer Douglas Braunstein, as a consequence of the company's $6 billion trading loss at its chief investment office last spring, the Wall Street Journal reported on Saturday.

Flagstar in Troy, Mich., provided misleading information about the condition of loans that backed securities insured by MBIA and led to big losses, MBIA's lawsuit says.

Wells Fargo reported record earnings again in the fourth quarter but it faces headwinds that could slow the momentum in 2013.

Profits rose 43% at DSA Financial (DSFN) of Lawrenceburg, Ind., on its sales of loans and investments last quarter.

CEO Michael Corbat's 13 reshuffled direct reports are all men — an extreme example of the gender gap that exposes banks to reputational and operational risks and charges of being out of touch.

Wells Fargo, the largest U.S. home lender, reported a 24% rise in fourth-quarter earnings as the bank boosted lending and squeezed more income out of rising revenue.

Old Dominion National Bank of North Garden, Va., has struck a deal to raise funds from an investor, contingent on the success of a private placement.

Hanmi Financial announced Wednesday that it has hired an advisor to help it explore strategic alternatives. Observers say the recovered lender could be a hot ticket, fetching between $16 to $20 per share.

Royal Business Bank in Los Angeles has agreed to acquire Los Angeles National Bank in Buena Park, Calif.

Bexil American Mortgage said Thursday it has completed its purchase of Castle Mortgage Corp. in Vestavia Hills, Ala.

Citigroup head Michael Corbat reorganized the bank's top ranks this week, after taking over in October. Here are 13 of the other executives affected.

Hanmi Financial (HAFC) has hired an investment bank to help it explore options that could include the sale of the Korean-American bank.

Hanmi Financial Corp. (HAFC), the second-largest U.S. bank catering to Korean-Americans, is looking for a buyer and hired DelMorgan & Co. to advise on a sale, said three people with knowledge of the matter.