Retail & Commercial

Amalgamated Bank of New York said it will begin tracking the carbon emissions it is financing through its $3.4 billion loan portfolio, using as a guide the science that would limit global warming to 2 degrees Celsius, which is the goal of the Paris Climate Agreement.

The bank saw value in Ondot Systems’ ability to empower customer analytics in card controls.

ATBancorp had an unusual footprint that included a small bank and a number of fee-based businesses. But it had to slim down before it could find a buyer.

The money manager plans a big expansion in Atlanta; agency makes now rare determination that debt-collection practices were “abusive.”

Double-digit gains in card volume offset an uptick in problem loans.

Big banks have plans to open hundreds of branches in new markets to add deposits, but smaller regionals have largely sought to hold the line on costs. Cullen/Frost Bankers' decision to double its branch count in Houston may be a sign that midsize banks are rethinking their retail strategy.

One CEO argues that megabanks aren’t just too big too fail – they’ve failed because they’re too big and lost sight of what's in the interest of consumers.

City National Bank said the foundation will buy houses and hold onto them until the buyer lines up financing.

Deposits topped $100 billion during the quarter while profits climbed 34% thanks to higher loan yields and lower taxes.

State regulators have once again sued the OCC, arguing it lacks legal authority to offer a federal fintech banking charter.