Retail & Commercial

Eastern Bank in Boston has hired a former Citi Cards executive to oversee its consumer-lending business.

Dave Martin, founder of BankMechanics, shares his insights on sales culture, performance incentives, motivating employees to think about the long term, the future of branches, why in-store locations are harder to run than you think, and more.

In a letter Monday to Comptroller Thomas Curry, Sens. Sherrod Brown, D-Ohio, and Jeff Merkley, D-Ore., registered their strong opposition to the concept of the charter, which would allow certain types of fintech companies to avoid state licensing requirements by obtaining a limited-purpose national bank charter.

New Frontier Bancshares in St. Charles, Mo., has hired the leader of another local bank as its new CEO.

HSBC was fined $32.5 million for failing to comply with a 2011 consent order that directed the bank to revamp its mortgage servicing and foreclosure practices.

Wayne Savings Bancshares in Wooster, Ohio, is facing pressure to sell itself just weeks after its CEO resigned.

The Department of Housing and Urban Development has charged Bank of America with discriminating against prospective Hispanic mortgage borrowers at a branch in Charleston, S.C.

The burden of paying off student loans is increasingly falling on parents and grandparents, and a new report from the CFPB finds that these older borrowers are having a tough time making payments.

Joseph Campanelli has run large publicly traded companies such as Sovereign Bancorp and Flagstar, but he seems more energized after agreeing to become CEO of Needham Bank, a depositor-owned mutual in Massachusetts.

Cardtronics has completed its acquisition of Canadian ATM operator DirectCash Payments.