Bank channel

The company launched an FDIC-insured, high-yield online savings accounts and certificates of deposit.

House Financial Services Chairman Barney Frank urged four of the nation's top banks to adopt principal writedowns on second-lien mortgages to allow borrowers to keep their homes.

Low price-to-book values reflect doubts on accounting, risks

The organization didn't announce a Lifetime Award Winner this year.

The deal would make the banking company the second largest asset servicing provider in Germany

Advisors are slow to take advantage of their recurring-revenue opportunities.

FDIC creates temporary bank for Waterfield

Like many community banking companies striving to protect capital against a rising tide of problem assets, Integra Bank Corp. in Evansville, Ind., is making some tough choices.

The Independent Community Bankers of America sent a letter Thursday to top Senate Banking Committee leaders raising concerns about rumored plans to name the Treasury Secretary as head of a proposed systemic risk council.

Just over a year after the height of the financial crisis, Citigroup Inc. is a fundamentally different company than it was when it needed billions to stave off a collapse.

Disclosure was hard to miss, but also hard to understand

The longtime chairman of Brookline Bancorp in Massachusetts resigned late last month after his board voted to reject a buyout offer, but he did not leave quietly.

Issue is less where it is housed than how much power it has

After a little more than a year at the helm of Umpqua Bank’s wealth management business, Kelly Johnson can point to some big accomplishments, but he knows that he still has got a lot of work to do.

Citigroup has hired Sanjiv Sawhney as global head of fund services, a new position. He was previously head of fund services operations at JP Morgan and is returning to Citi, where he began his career and served for 15 years.

HSBC Holdings PLC's North American arm is taking a breather from expanding its modest U.S. branch network after adding 125 branches in the past five years.

WASHINGTON — Where to put a proposed new consumer protection division appears to have become a game of musical chairs.

PHH Corp., best known for originating mortgages behind the scenes for household names like Charles Schwab Corp. and Merrill Lynch, plans to expand other home lending channels as industrywide volume tanks.

The New York company announced Monday that it has hired a former T. Rowe Price executive to lead its charge in the bank channel.

WASHINGTON — State regulators shut two banks on Friday, bringing the year's total failures to 22.