Kristin Broughton

Comerica and Bank of America closed their downtown Dallas headquarters on Friday, amid an investigation into the fatal shooting of five police officers, which took place nearby.

Calling the crazy-idea department … a U.S. Bancorp-branded bus is more than halfway through a cross-country, social-media-tracked journey to promote community development and alter its profile. It's an example of the new style of reputation-oriented marketing being pursued by banks.

The number of customers who obtained 10 payday loans in 2015 outnumbered those who obtained just one, the California Department of Business Oversight said in a report Wednesday.

The decision by a federal appeals court to toss out a blockbuster settlement between retailers and the card networks could re-expose some financial institutions to legal liability and threaten their already challenged interchange income.

A federal appeals court decision to toss out the settlement between merchants and major card networks has re-opened old industry wounds – and spells possible trouble ahead for banks.

The decision by a federal appeals court to toss out a blockbuster settlement between retailers and the card networks could re-expose some banks to legal liability and threaten their already challenged interchange income.

After years of bulking up on shared national credits, a number of regional banks are cutting back because of the heartburn from problem oil and gas loans. A few lenders are refusing to budge, but many will have no choice if they want to dilute the energy risk on their books.

The Charlotte, N.C., company on Thursday appointed Michael White, former chairman and chief executive at DirecTV, effective immediately.

Regions Financial in Birmingham has restructured its small and middle-market banking business, and tapped Bill Horton – a 42-year veteran of the company – to oversee the division.

Resolution plans put in place following the financial crisis have made big banks expert at contingency planning. Nonetheless, bankers here are keeping their fingers crossed that Britain will remain in the European Union.