Retail & Commercial

Liberty Financial Services in New Orleans said it will redeem more than 11,000 shares of preferred stock it issued as part of the Troubled Asset Relief Program after receiving an investment from BancorpSouth in Tupelo, Miss.

Flagstar Bancorp in Troy, Mich., said that the Office of the Comptroller of the Currency has terminated its 2012 consent order with its Flagstar Bank on Monday.

The Consumer Financial Protection Bureau is facing renewed pressure by consumer groups and think tanks to move forward with a plan that would rein in overdraft programs.

John Stumpf and Carrie Tolstedt were ardent evangelists of the bank's sales strategy and culture. Their refusal to move in a new direction left Wells Fargo with problems that will take a long time to fix.

City Holding in Charleston, W.Va., is looking to raise up to $55 million in a stock offering.

Citizens Financial Group in Providence, R.I., said Tuesday that it expects to start offering digital small-business loans in mid-2017.

Ameris Bancorp in Georgia wanted to buy a premium-finance business but settled for a joint venture, blessed by its regulators, after being flagged for insufficient Bank Secrecy Act compliance.

Female entrepreneurs who apply for loans online and are evaluated by an automated system get a bigger share of online credits than they do traditional in-person bank loans. It could be a sign that automated credit decisions are fairer.

United Community Banks in Blairsville, Ga., is searching for a new financial chief officer.

Following the passage of the November ballot initiative, it is hugely important that cannabis businesses in the nation's largest state be able to secure bank accounts, at a minimum.