Retail & Commercial

When a Columbia University professor surveyed 1,000 payday loan customers, little did he know that the resulting research report would become a lightning rod in the drafting of rules for small-dollar lenders.

The New York company will add $504 million of asset-based and equipment finance loans as part of the acquisition.

The Boston company reported a quarterly profit despite special charges, mortgage headwinds and lost SBA revenue tied to the partial government shutdown.

Bank First's deal for Partnership is the third Wisconsin bank merger announced this week.

Mexico's Senate leader Ricardo Monreal said he'll seek a vote on his bill cutting bank fees in the spring session starting next month.

Industry groups and lawmakers have joined bankers in insisting the agency develop a plan to resolve the paperwork problem before the partial government shutdown ends.

Double-digit gains in net interest income more than offset sluggish growth in fee income at the Salt Lake City company.

With a permanent director confirmed, the agency should take steps to establish a small-business data collection rule mandated by the Dodd-Frank Act.

The Florida company's earnings increased after it completed a big acquisition and produced strong year-over-year loan production.

The McLean, Va., company also reported a decline in charge-offs on credit card loans.