Bank channel

Bankrate.com said there is a surprising amount of interest among investors in liquid CDs, step-up CDs, and bump-up CDs.

A survey of 15 top U.S. banks and credit unions found when it comes to mobile payments, most are content to sit on the sidelines and see how this emerging technology platform plays out rather than take a leadership role that companies from other industries have quickly assumed.

While a slowdown in failures is consistent with an improving economy, and the FDIC says 2010 was a peak year for the recent crisis, many say there are still plenty of failures ahead.

The OCC closed the $187 million-asset Western Springs National Bank and Trust in Illinois Later, state regulators closed the $145 million-asset Nevada Commerce Bank.

Banks' old problems kept easing in the first quarter. Their new problems didn't. That's what analysts expect to hear from JPMorgan Chase & Co. and Bank of America Corp. this week as they kick off quarterly results.

Royal Bank of Canada's troubled U.S. retail bank, reportedly for sale, would be a plausible acquisition for a half-dozen institutions — half of them domestic, the others foreign.

More and more bank managers are slowly coming around to the fact that thousands of conversations are occurring online every day about their brands, and not surprisingly, many of them aren't very nice.

While saying JPMorgan Chase had capital to comply with new Basel III requirements, CEO Jamie Dimon said regulators had gone too far in crafting the international capital accord.

Wells Fargo Securities will pay $11 million in penalties for misrepresenting - and overcharging for - two complex debt products tied to housing industry performance.

In repaying Tarp on the eve of his retirement, Henry Meyer 3rd has bought his handpicked successor time to prove whether KeyCorp can be a consolidator and market share winner.

Left unchanged for two decades, the definition of brokered deposits is about to receive an update — one that could significantly alter the regulatory landscape for many small banks.

Both companies have developed alternative payment networks that observers say could undermine the scale of dominant payments providers like MasterCard and Visa.

Raymond James Financial has completed its acquisition of Howe Barnes Hoefer & Arnett, Inc.

Capitol Bancorp said its annual report that it was notified on March 30 that it would receive a subpoena from the SEC's Chicago office concerning its third-quarter reporting.

Sal Marranca's experience as a bank examiner and a community banker prepared him for the task ahead: Serving as a bridge between the two sides at a time of growing animosity.

On a nationwide basis, unemployment and jobless-claims data have slowly improved. But the metrics vary widely from market to market and, complicating matters, many bank operations, even those of regionals, straddle strong and weak markets.

Union Bank of California enjoyed a steep increase in brokerage revenue last year, due to increased referrals to its advisors from a beefed-up corps of licensed bankers.

According to the first annual Kehrer-Limra 2011 Predictions Survey, executives from responding banks are not only bullish on hiring, but they report that sales are shifting toward newer hybrid products, and institutions are more optimistic about succeeding at an integrated approach across brokerage, trust and private banking.

The past few years have been rewarding for bank employees. OK, maybe not the rescues, stagnant loan books, layoffs and litigation. But none of these disasters hurt pay at banks.

Fed Chairman Ben Bernanke said the central bank required more time to review the more than 11,000 comment letters it's received on its interchange proposal issued in December.