Retail & Commercial

The risks associated with a megabank collapse still pose huge problems for the industry, despite assurances from the head of the nation’s largest bank.

Education Secretary Betsy DeVos on Tuesday rolled back an Obama administration attempt to reform how student loan servicers collect debt.

These execs say they are finding ways to reduce fixed costs in areas such as branching and personnel, offer appealing tech, yet provide in-person services when customers have concerns.

After years when it looked like millennials might opt for car-sharing and ride-hailing services over car ownership, recent data tells a different story.

Amala Duggirala said she was attracted to Regions because of its digital products and commitment to innovation.

The Little Rock, Ark., bank said first-quarter profits rose slightly and that it plans to dissolve its holding company to trim regulatory costs.

Bank earnings could be hurt this year as big retailers close stores and file for bankruptcy. The situation has sparked a debate about how much CRE and C&I books will suffer just as lenders were putting other commercial woes behind them.

The deal had been held up by U.K. regulators over concerns about competitive balance.

Opus Bank has added Paul Greig, who was CEO of FirstMerit until its sale in July, as a director.

Carter, who built what became Carter Bank and Trust from the ground up, was praised for his “uncanny” credit acumen, devotion to community and family, and willingness to take unconventional risks.