Some are relying on a national, digital strategy. Others say the right balance of costs and growth comes from more traditional means such as targeted branch openings and out-of-market expansion.

Kanas, who returned to the banking industry as part of the recapitalization of the failed BankUnited, will relinquish the company's chairmanship at the end of this year.

The Tennessee regional said the sale should boost quarterly profit by $160 million.

U.S. Bank’s announcement that it will begin offering small installment loans could open the door for other financial institutions to offer them as an alternative to pricey payday loans.

The nation's largest bank said Wednesday it is seeking proposals on ways to address economic inequality in local neighborhoods across the country.