Retail & Commercial

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.

A little more than two years after Community National Bank in Great Neck, N.Y., agreed to sell itself, Stuart H. Lubow, its former chairman and CEO, has jumped back into banking.

Corzine Settlement; Deutsche Fills Post; Student loans

Regulators here made strides to encourage innovation in 2016, while Brexit cast doubt on the London fintech boom. Yet the cross-Atlantic payments battle is just beginning.