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Elliot Gregg, who led the institution for almost 20 years, will serve as president emeritus until his retirement in January.

Bank Novo isn't a business lender (lots of firms already do that) or an account provider (it has a bank partner for that). Instead, it provides small businesses tools to track and analyze their banking activities.

Adobe is moving forward with the next phase of integrating acquired e-commerce platform Magento into its broader marketing services by rolling out Magento Payments next year.

The late-filing credit unions will pay a total of about $4,100 to the U.S. Treasury.

Amazon has signaled an interest in the French grocery market, spurring Casino's development of a high-tech concept store in Paris.

The agency's 7(a) program had a small year-over-year decline, with bankers pointing to lender discipline and more borrowers qualifying for conventional loans.

HSBC will pay $765 million to settle allegations that it sold defective residential mortgage-backed securities in the run-up to the financial crisis, resolving one of the London-based bank's last significant legal challenges with the U.S. government.

Credit unions in the Great Lakes State continued to add members in Q2 while a variety of loan types saw double-digit growth.

Angela Clark will be CEO of Beem It, which launched in May and has the backing of National Australia Bank, Westpac and Commonwealth Bank.

Despite a mandate in the Dodd-Frank Act, policymakers have not yet finalized a rule reforming excessive pay on Wall Street.