Retail & Commercial

Ally Financial in Detroit has agreed to pay $52 million to settle probes and claims related to its role as the underwriter for subprime residential mortgage-backed securities in 2006 and 2007.

Independent Bank Group in McKinney, Texas, has agreed to buy Carlile Bancshares in Fort Worth, Texas.

Bridge Bancorp in Bridgehampton, N.Y., is looking to raise $50 million by selling common stock.

Barclays is responding to consumer expectations of a smooth mobile experience in all venues by adding technology at ATMs.

The Consumer Financial Protection Bureau filed a lawsuit Monday against a Maryland company that allegedly targeted victims of lead paint poisoning and got them to sign away future settlement payments for immediate cash at a deep discount.

First Tennessee Bank in Memphis is giving veteran regional leader Pam Fansler an unusual retirement present: a chairmanship.

The philosophy boils down to “Think broadly, act locally.”

Distinct business plans in promising areas such as smart use of consumer data, cybersecurity and content creation, according to Bank of America Merrill Lynch commercial banking executive Scott Olmsted. And that is just the beginning of his list.

Courage. Sexism. Culture. Banking's leaders discuss some of the powerful influences on their daily decisions and their vision for moving the industry forward.

A number of states still have a disproportionately high percentage of unbanked and underbanked citizens. Bankers in those states hope that financial education, along with efforts to promote checking accounts and small-dollar loans, will get more people into the banking system.