Retail & Commercial

On Sep. 30, 2017. Dollars in thousands.

A bull market and investor appetite for bank stocks are spurring more mutuals to consider partial conversions.

Maria Zuber, who oversees research administration and policy at MIT, has been appointed to the board's enterprise risk and corporate governance committees.

Some firms are investing in technology to help insurance clients shift to paperless payment processing.

Ken Veccione, who rejoined the Arizona company earlier this year, is set to succeed Sarver.

Departing central bank chief says colleagues are committed to strict bank regulation; marketplace lending not living up to promises as delinquencies continue to rise.

Financial technology companies are reinventing every aspect of business finance, starting with payments. Banks have long promised to automate supplier payments for their customers, but have fallen far short, writes Brent Meyers, vice president of national sales for Nvoicepay.

In a year of political upheaval and weak commercial credit growth, lenders sought to capitalize on an economic bright spot — consumer spending — by reviving the personal loan, allying with fintechs and exiting traditional business lines that no longer made sense.

The Fed’s rate hike on Tuesday will raise bank's funding costs, serving as a stark reminder that a return to strong, broad-based business loan demand can’t come soon enough.

Executives at small banks are wary about 2018 as concerns about lackluster loan demand, low yields and rising deposit prices abound.