Retail & Commercial

The California company will report a quarterly loss after credit issues surfaced in its technology lending division. Opus had expressed an interest earlier this year to expand the business after making a key hire.

U.S. Bank is using geolocation to make sure customers' card transactions are approved when they are traveling. It is just one example of how more companies are asking customers to let them track their phones.

Bank of America's chief financial officer on Tuesday downplayed the odds of a Wells-Fargo-style phony-account scandal at B of A, contending that it does not use hard-charging sales tactics.

The demographics of our country are changing. If businesses aren’t figuring out a way to change, too, they risk being left behind.

With rivals such as Chase and its Sapphire Reserve card angling for a piece of its luxurious patch, Amex has found itself on the defensive.

Opus Bank in Irvine, Calif., said Monday that it expects to report a third-quarter loss of 5 cents a share, reflecting $38.8 million in chargeoffs tied to eight loans in its technology, commercial and specialty lending divisions.

Northwest Bancshares in Warren, Pa., has agreed to buy Winans Insurance & Employee Benefits in Warren.

WSFS Financial in Wilmington, Del., has bought the assets of West Capital Management in Philadelphia.

As a result of the SEC's latest reforms, today's money-market funds are very different products than their precrisis predecessors. Calls for additional layers of burdensome regulation over this industry are unwarranted.

Bank of America, the second-biggest U.S. lender by assets, said third-quarter profit rose 7.3%, beating analysts’ estimates, as revenue from fixed-income trading was better than predicted and expenses fell.