Retail & Commercial

It’s only early December, but bank CEOs’ comments this week about tax reform, their thirst for deposits, consumer lending initiatives, and challenges in commercial lending offer a sneak peek at what’s coming when earnings season begins next month.

Farmer Mac has terminated President and CEO Timothy Buzby for violating company policies not related to its financial and business performance.

The JPMorgan Chase CEO supports easing regulations on mortgage lending but says other major provisions of Dodd-Frank should remain intact.

The company has been working to address an informal agreement with regulators tied to Bank Secrecy Act compliance.

The fires are raging in Los Angeles and Ventura counties, prompting California's governor to declare a state of emergency.

As some lenders exit indirect auto lending, those that stick around have an opportunity to control pricing and reach more customers.

The Delaware bank will process payments and provide debit card sponsorship services for SoFi Money, which is set to debut next year.

The U.S. is taking steps to stamp out the practice of servicemembers and veterans being pressured into taking mortgages they don't need, a move that officials say will lower consumer costs and could lead to financial penalties for lenders.

Dennis Zember, Ameris' chief operating officer, was named CEO of the company's bank. Edwin Hortman Jr. will continue to run Ameris.

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