Retail & Commercial

AutoGravity of Irvine, Calif., has received $30 million in equity financing from VW Credit, according to a source familiar with the matter.

A new report from the American Bankers Association reinforces existing concerns about the ability of U.S. consumers to manage all of their debts.

Scholarships, groundbreakings, donations to worthwhile causes and other ways credit unions are giving back to the communities they serve.

Whether it is a bank branch or an automated fast-food kiosk, talented and engaged employees will remain integral to future success.

Sellers may shy away from partnering with banks that rely too heavily on one individual for their success, so buyers must show they are ready to handle unexpected departures or illnesses involving key personnel.

IT work is getting more complex, and that's delaying revenue, according to Diebold Nixdorf.

If HSBC reaches an agreement with the government, it could give an early indication of how the Trump administration will levy financial penalties.

The deal partners said the cost savings opportunities and international reach presented by the combination were appealing, and JPMorgan Chase said it won’t make a bid after being invited to consider an offer.

Net interest margins are on the rise and banks have the green light to return more capital to shareholders, but commercial lending and consumer credit quality remain trouble spots.

It might seem unusual for an Old National Bancorp to lure away a regional executive from the much larger Fifth Third, but not in wealth management, where competitiveness can be as much about emphasis as size.